Slide 1: Company Update FY25 Results
COMPANY UPDATE FY25 RESULTS AUGUST 2025 1
Slide 2: Our vision has evolved
Our vision has evolved from …to a world where bringing financial wellness people have the power to all Australians… to progress Improve financial health Remove friction Long and short-term planning Provide clarity Many tools to manage money Reduce mental load 2
Slide 3: Our purpose
OUR PURPOSE To power peopleʼs financial progress towards what matters to them Smarter money decisions made easy 3
Slide 4: Establishing market presence
FY17FY22 FY23FY24 FY25 FY26 AND BEYOND Establishing Macroeconomic uncertainty and Return to Scale and market presence moderated growth growth profitability Quarterly loan originations 4
Slide 5: Wisr in FY25
WISR FY25 OBJECTIVES OUTCOMES IN Growth ● Grow loan originations in FY25 vs. FY24 by 75% ✓ Loan origination growth of 101%, exceeding guidance ● Drive growth in the loan portfolio ✓ Loan book returned to growth – closing at $824M FY25 Profitability ● Focus on loan volume growth at attractive unit ✓
Slide 6: Key FY25 Results
KEY FY25 RESULTS LENDING FINANCIAL CAPITAL CUSTOMER $422M 11.20% $91.6M Well capitalised with unrestricted cash of $53.0M Loan originations Portfolio yield Revenue additional loan $14.1M repayments4 made via one-time payment feature ↑101% FY24 $210M ↑30 bps FY24 10.90% ↓2% FY24 $93.8M $824M
Slide 7: An Automation-First Fintech
AN AUTOMATIONFIRST FINTECH Automation of Automation of Industry-leading loan approvals loan verification steps arrears management platform ● 80% of loans automatically approved by AI ● 40% of loan verification steps automated ● Arrears platform harnesses the power of powered decision engine scalabl
Slide 8: Structural Tailwinds Creating Opportunity
STRUCTURAL TAILWINDS CREATING OPPORTUNITY Market opportunity Major banks are exiting key Asset-Backed Securities ABS / TAM4 lending markets issuance market is growing ● The major banksʼ market share of the personal and ● Funding for certain lending assets has shifted from secured vehicle lending m
Slide 9: Our Customers
OUR CUSTOMERS What does the average Wisr loan look like? Why are customers coming to us? Where are our customers located? NT 1% Personal loans Secured vehicle loans WA QLD 35% 65% 35% 15% of loan book of loan book NSW 22% Vehicles3 64% SA ACT 5% 1% VIC TAS 19% 2% New loan size average1 Credit score
Slide 10: Pivot to Loan Origination Growth
PIVOT TO LOAN ORIGINATION GROWTH ● The Company delivered strong loan Loan originations origination growth in FY25 ● Wisr grew loan originations to $422M, an increase of 101% on FY24 $210M ● The Company saw quarter-on-quarter growth in loan originations throughout FY25 101% growth FY25 quarterly lo
Slide 11: Return to Loan Book Growth
RETURN TO LOAN BOOK GROWTH ● Closing loan book of $824M, a 7% Loan book increase Jun-24 $770M ● Continued strength in loan originations drove total loan book growth for three consecutive quarters in FY25 ● The personal loan book increased 6% to $535M Jun-24 $506M ● The secured vehicle loan boo
Slide 12: Stronger Margins and Credit Quality
STRONGER MARGINS AND CREDIT QUALITY ● Portfolio yield increased 30 bps to 11.20% FY24 10.90% ● Portfolio Net Interest Margin (“NIM1ˮ) increased 23 bps to 5.46% FY24 5.23% ● The quality of Wisrʼs portfolio remains high with the average credit score increasing to 8042 Jun-24 794 Portfolio yie
Slide 13: Improvement in Arrears and Losses
IMPROVEMENT IN ARREARS AND LOSSES ● 90+ day arrears decreased to 1.40% Jun-24 1.58%, reflecting the ongoing impact of the Companyʼs improved arrears management platform ● Net losses declined to $14.3M 1.79% of the average loan book), improving from $20.4M 2.40%) in FY24 90+ day arrears Net loss
Slide 14: Income Statement
INCOME STATEMENT ● EBITDA increased to $0.8M FY24 $2.3M) driven by a stronger NIM % contribution and lower net loan losses, which offset the minor FY24 FY25 Variance Variance $M $M $M % decline in revenue. Importantly, revenue returned to growth in H2FY25 Revenue 93.8 91.6 2.2 2.4% ●
Slide 15: Robust Funding Program
ROBUST FUNDING PROGRAM ● WH1 (personal loan WH) has $400M of committed Funding as at 30Jun-25 funding $47M undrawn) and WH2 (secured vehicle WH) has $250M of committed funding $56M undrawn) ● Executed third warehouse (mixed personal and secured vehicle loan) with committed funding of $267M $184M
Slide 16: Strongly Capitalised
STRONGLY CAPITALISED Cash held in warehouses and term deal trusts: ● Undistributed customer loan repayments (principal and interest) ● Unutilised funds from note subscriptions (predominantly third-party debt) Total cash on ● Use of funds restricted to funding loans and operating warehouses and balan
Slide 17: Three Horizons of Progress
THREE HORIZONS OF PROGRESS Building a purpose-led platform that grows enterprise value over time HORIZON 3 A platform business HORIZON 2 delivering network effects 3+ years) Accelerate growth through new Unlock our advantage market verticals and products HORIZON 1 ● One platform powering multiple
Slide 18: FY26 Guidance
Loan origination growth FY25 $422M 40% FY26 GUIDANCE1 Revenue growth FY25 $91.6M 15% After a successful return to growth in FY25, Wisr is poised for its next phase. Cost-to-income ratio improvement Leveraging FY25ʼs strong FY25 31% 29% results, Wisr has set clear objectives to drive perf
Slide 19: Questions
QUESTIONS 19
Slide 20: Additional Information
ADDITIONAL INFORMATION 20
Slide 21: Income Statement
FY24 FY25 Variance Variance #039;000 #039;000 #039;000 % INCOME REVENUE STATEMENT Revenue 93,774 91,570 2,204 2% EXPENSES STATUTORY Revenue: $91.6M, broadly flat, with slightly lower average Employee benefits expense 15,955 17,114 1,159 7% loan balances, offset by higher portfolio yield 69 bps to
Slide 22: Financial Instruments
FINANCIAL INSTRUMENTS IMPACT OF HEDGING Wisrʼs hedging program is designed to lock in the cost of funding, and match the term of our In FY25, Wisr recorded a $16.9M non-cash loss customer loan assets with the underlying warehouse and ABS borrowings, therefore stabilising from movements in the fair v
Slide 23: Statutory NPAT to Cash NPAT and EBITDA Reconciliation
STATUTORY NPAT FY24 #039;000 FY25 #039;000 TO CASH NPAT Statutory NPAT 8,191 7,260 AND EBITDA Less: ECL provision benefit 2,290 3,370 RECONCILIATION Add: Share based payments expense Add: Depreciation and amortisation 1,902 1,532 1,810 1,753 Add: Non-cash hedge accounting expense 169 1,087 Add: He
Slide 24: Balance Sheet
30Jun-24 30Jun-25 Variance Variance #039;000 #039;000 #039;000 % BALANCE SHEET ASSETS Cash and cash equivalents 62,363 43,641 18,722 30% Trade and other receivables 1,177 1 1,176 100% Loan receivables 750,699 813,083 62,384 8% STATUTORY Other assets 1,449 1,145 304 21% Net Assets of $26.7M, a $
Slide 25: Cash Flow
FY24 FY25 Variance Variance #039;000 #039;000 #039;000 % CASH FLOW CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers 92,499 89,448 3,051 3% Payments to suppliers and employees 26,531 27,243 712 3% 65,968 62,205 3,763 6% STATUTORY Interest received 1,659 1,579 80 5% Operating acti
Slide 26: Key Financials and Metrics
FY23 FY24 FY25 Loan book Originations $m 495 210 422 KEY PL originations $m 319 176 161 49 271 151 FINANCIALS SVL originations $m Average loan amount 30,301 29,886 33,787 AND Closing loan book balance $m 931 770 824 Portfolio yield % 10.17% 10.90% 11.20% METRICS Portfolio NIM % 5.61% 5.23% 5
Slide 27: Expected Credit Loss (ECL)
EXPECTED CREDIT ECL provision and ECL expense LOSS ECL ● As at Jun25, Wisr held a total ECL provision of 2.56%1 ● The 62 bps reduction in provision coverage, from 3.18% at Jun-24, reflects improved loan book seasoning, stronger recoveries and a decline in late-stage arrears RECONCILIATION OF EXPE
Slide 28: Disclaimer
DISCLAIMER No investment advice or offer of shares Statements about past performance are This presentation does not constitute not necessarily indicative of future investment advice, or an inducement or performance. To the extent required by recommendation to acquire or dispose in law, neither Wisr