Solvar Limited · ASX:SVR
Solvar — Macquarie Emerging Leaders Conference 2025
18 slides from Solvar's conference presentation, Jun 19, 2025
Slide 1: Investor Presentation: Macquarie Emerging Leaders Conference
For personal use only Investor Presentation Macquarie Emerging Leaders Conference 19 June 2025 Scott Baldwin (Managing Director & CEO) Siva Subramani (CFO) WWW.SOLVAR.COM.AU 1
Slide 2: Building a Bigger & Better Solvar
Building a BIGGER & BETTER SOLVAR For personal use only Purpose Growth To empower people through accessible, Organic growth in Money3 and AFS has returned responsible, and flexible financial products after a period of review and software harmonization To provide finance to under served markets overl
Slide 3: Contents
Contents For personal use only 4 Product overview 5 Bennji commercial 6 Distribution channels 7 Performance history 8 Regulatory update 9 Financials 13 Outlook WWW.SOLVAR.COM.AU WWW.SOLVAR.COM.AU 3
Slide 4: Product Overview
Product Overview House of Brands For personal use only Secured & unsecured consumer loans, Consumer and commercial secured Product typically over 24-60 months lending, typically over 48 – 72 months Secured commercial asset finance Loan Size $2,000 - $100,000 $5,000 - $130,000 $20,000 - $500,000 Cons
Slide 5: Bennji: Solvar's new commercial lending arm
Bennji Solvar’s new commercial lending arm For personal use only Purpose-Built for Small to Tech-Enabled, Medium Business Human-Led Bennji is designed for small business. Offering It is a modern digital experience backed by real fast approvals, flexible deal structures, people who understand busines
Slide 6: Distribution channels
Distribution channels Multiple ways to access the Group’s products For personal use only Broker Dealer Direct Through a network of Brokers Direct relationship with a small Through the revamped AFS website covering the whole of Australia number of key Dealerships that Through partner websites allowin
Slide 7: Performance history
Performance history Australia Growing Loan Book Yield Australian Operations For personal use only AUDm 21% CAGR 825 841 35% 769 791 30% 27.8% 711 25.1% 750 207 197 23.1% 22.5% 624 187 194 25% + Long term origination, loan book and 543 171 550 500 137 20% income growth 443 22.5% 18.1% 84 113 15% 15.3
Slide 8: Regulatory Update
Regulatory Update For personal use only Australian Commerce Securities and Commission of Investment New Zealand Commission (ASIC) • On 6 February 2025, the trial started in respect to • In March 2024, the Commerce Commission the proceeding against Money3 commenced proceedings making allegations that
Slide 9: Financials
For personal use only Financials 9
Slide 10: Highlights: Australia H1 FY25 Results
Highlights Australia H1 FY25 Results H1 FY25 For personal use only Interest Income1 Loan Book Originations + Technology simplification in AFS will $93.1m $824.7m $211.4m improve efficiency and broker experience to support growth in 4.6% increase on pcp 7.1% increase on pcp 2.0% decrease on pcp origi
Slide 11: Debt Structure, Funding & Capital Management
Debt Structure Funding & Capital Management Funding the Group’s expansion For personal use only Debt Stack Funder Margin Sustainable and scalable AUD m 6% funding 1000 5% Executing strategy 4% 3% • Lowering funder margins 800 5.3% • ABS issuance commenced 2% 4.4% 4.0% 4.0% 280 • Funder diversificati
Slide 12: Loan Book Quality
Loan Book Quality Stable bad debts – Stable credit quality (Australia) For personal use only Bad debts on Loan Book 5% FY25 Q3 56.4% 25.8% 14.3% 3% 0.4% 4% FY24 57.6% 23.6% 14.6% 4% 0.1% 3% 2% 4.4% 4.0% 3.9% FY23 56.4% 22.6% 16.4% 5% 0.0% 3.4% 1% FY22 58.0% 24.9% 13.8% 3% 0.0% 0% FY22 FY23 FY24 H1 F
Slide 13: Outlook
For personal use only Outlook 13
Slide 14: FY25 Outlook
FY25 Outlook For personal use only Financial Operations Market • Forecast normalised NPAT of $34m • Completion of ASIC trial with finding • Labour market remains tight with low expected to be handed down in CY25 unemployment • Anticipate paying a final dividend of 6 cents per share • New Zealand run
Slide 15: Thank You!
For personal use only Thank You! CEO & Managing Director Chief Financial Officer Scott Baldwin Siva Subramani +61 3 7031 6019 +61 3 7031 6018 s.baldwin@solvar.com.au s.subramani@solvar.com.au
Slide 16: New Zealand: Portfolio in run off as planned
New Zealand Portfolio in run off as planned Loan Book Operations Outlook For personal use only NZDm 250 200 150 100 50 0 H2 FY21 H1 FY21 H2 FY22 H2 FY23 H1 FY22 H2 FY24 H2 FY25 H1 FY23 H1 FY24 H1 FY25 • Loan book repaying as planned • Significant reduction in headcount over • Funds from consolidated
Slide 17: Glossary of Terms
Glossary of Terms A$ or $ - Australian dollars H1 – Results relating to the first half of the financial year, July - December Active customer - A customer with an outstanding balance H2 – Results relating to the second half of the financial year, January – June For personal use only ASIC – Australia
Slide 18: Disclaimer
Disclaimer For personal use only The content of this presentation has been prepared by Solvar Limited (the Company) for general information purposes only. Any information included in this presentation on future financial performance, including industry sectors, income, profit and employment types, r