International Personal Finance Plc · LSE:IPF
International Personal Finance — FY2025 Earnings Presentation
29 slides from International Personal Finance's earnings presentation, Feb 25, 2026
Slide 1: 2025 full-year results
2025 full-year results Accelerating growth 25 February 2026 1
Slide 2: Strategy and performance
International Personal Finance Ay » : * » P . 4 = Strategy and performance
Slide 3: Increased growth and strategic progress
Increased growth and strategic progress £88.6m • Good full-year performance with improved • Pre-exceptional profit before tax growth momentum +4% • Sustained demand and disciplined execution £1,061m driving growth across all divisions • Closing net receivables +14% • Robust credit quality and good r
Slide 4: Next Gen execution driving progress
Next Gen execution driving progress 4
Slide 5: Next Gen financial inclusion
Next Gen financial inclusion • Scaling access to flexible credit cards – 200,000 in Poland and testing in Romania • Calibrating scorecards as we extend point-of-sale retail finance – available at 2,700 offline and online stores in Romania and Mexico • Broadening geographic reach with two new branche
Slide 6: Next Gen organisation
Next Gen organisation • Modernising technology and improving how we deliver change at pace – developing a product operating model mindset • Multi-year project to deliver global finance and HR platform – transforming core business operations and standardising processes • Investing in inclusive leader
Slide 7: Next Gen technology and data
Next Gen technology and data • Invested record £35m in capital expenditure in 2025 • Omnichannel platforms giving single customer view and more personalised and efficient service • Expanding digital self-service and mobile capability with new and enhanced customer apps • Improving payment flexibilit
Slide 8: Regulatory update
Regulatory update EU Consumer Credit Directive II implementation • Modernising EU consumer credit rules to reflect digital lending, new products and enhanced consumer protection • Transposition plans now evolving rapidly as EU deadline for implementation has passed • Regulatory options being discuss
Slide 9: Evolving security landscape in Mexico
Evolving security landscape in Mexico • Assassination of leader of Jalisco New Generation cartel has created significant security risks • Three states in particular affected: Jalisco, Nayarit and Colima • Impacts ~ 10% of our Provident customer base • States are on high alert, and we have closed our
Slide 10: Financial performance
International Personal Finance y
Slide 11: Pre-exceptional PBT up by 4.0%
Pre-exceptional PBT up by 4.0% • Pre-exceptional PBT growth of £3.4m, up 4.0%: - Disciplined execution of our Next Gen strategy - Robust credit quality across the Group £83.9m £85.2m1 £88.6m1 4.0% • H2-25 profit of £38.7m, in line with H2-24 profit of £37.9m: - Consistent with our guidance at the in
Slide 12: Return to customer growth
Return to customer growth • Return to meaningful customer growth for the first time 4.7% in over 10 years – up 4.7% 1,700k 1,729k • Consistent demand and new products driving 1,652k acquisition and customer engagement • Momentum building across all divisions with uplift in second-half performance: -
Slide 13: Increasing lending growth
Increasing lending growth • Strong momentum in Group customer lending, up 12% • Provident Europe: £1,342m £764m £1,215m £1,151m £602m £662m - Strong performances by Poland and Romania of 20% and 18% respectively 12% 13% - Solid growth of 4% by Hungary and Czech Republic combined • Provident Mexico:
Slide 14: Strong receivables growth
Strong receivables growth • Group receivables surpassed £1bn, up 14%, with all three divisions delivering double digit growth £1,061m £575m £893m £870m • Provident Europe: £475m £460m 14% 16% - Romania +22% - Poland returned to growth +19% - Czech Republic +16% - Hungary +9% FY-23 FY-24 FY-25 FY-23
Slide 15: KPIs aligned to growth and value
KPIs aligned to growth and value Revenue yield Impairment rate Cost-income ratio 60% 65% 18% 58% 58% 16% 16% Target range Target range 60% 61.1% 56% 14% 14% 56% 12% 54% 55% 52.5% 10% 51% 52% 8% 9.0% 50% Target range 49% 50% 6% 4% 45% 48% 2% 46% 40% 0% H1-23 FY-23 H1-24 FY-24 H1-25 FY-25 H1-23 FY-23
Slide 16: Delivering shareholder value
Delivering shareholder value Return on required equity (RoRE)1 Pre-exceptional earnings per share (EPS)1 Dividend per share (DPS) (0.8ppts) 26.3p 5.6% 12.3% 24.9p 12.8p 15.7% 23.2p 11.4p 14.8% 14.9% 10.3p H1-22 H1-23 H1-24 FY-23 FY-24 FY-25 FY-23 FY-24 FY-25 FY-23 FY-24 FY-25 • Continuing to deliver
Slide 17: Robust funding and capital position
Robust funding and capital position • Strong funding position and balance sheet underpin growth ambitions £750m • Credit ratings affirmed by Fitch and Moody’s • Total debt facilities • Successfully secured SEK1bn (c.£80m) bond due 2028 • Blended cost of funding continued to reduce to £55m 12.2% (202
Slide 18: Outlook
International Personal Finance
Slide 19: Building scale to deliver required returns
Building scale to deliver required returns • Entered 2026 with good momentum, robust credit quality and strong balance sheet • Growth opportunities particularly in Mexico and Australia, supported by Next Gen execution • Increased investment required in new initiatives and technology over the next 2–
Slide 20: Questions
Questions 20
Slide 21: Appendices
Appendices
Slide 22: Group
Group Change at 2025 2024 Change Change CER £m £m £m % % Customer numbers (000s) 1,729 1,652 77 4.7 Customer lending 1,342.0 1,214.5 127.5 10.5 11.8 Average gross receivables 1,405.9 1,327.5 78.4 5.9 7.5 Closing net receivables 1,061.3 870.0 191.3 22.0 13.9 Revenue 737.5 726.3 11.2 1.5 4.2 Impairmen
Slide 23: Provident Europe
Provident Europe Change at 2025 2024 Change Change CER £m £m £m % % Customer numbers (000s) 738 725 13 1.8 Customer lending 764.2 662.1 102.1 15.4 13.2 Average gross receivables 757.6 706.0 51.6 7.3 5.8 Closing net receivables 575.4 459.6 115.8 25.2 15.8 Revenue 339.7 328.2 11.5 3.5 2.0 Impairment (
Slide 24: Provident Mexico
Provident Mexico Change at 2025 2024 Change Change CER £m £m £m % % Customer numbers (000s) 705 680 25 3.7 Customer lending 285.9 289.2 (3.3) (1.1) 7.5 Average gross receivables 295.9 306.9 (11.0) (3.6) 4.7 Closing net receivables 191.2 159.4 31.8 19.9 11.5 Revenue 247.1 263.8 (16.7) (6.3) 1.4 Impai
Slide 25: IPF Digital
IPF Digital Change at 2025 2024 Change Change CER £m £m £m % % Customer numbers (000s) 286 247 39 15.8 Customer lending 291.9 263.2 28.7 10.9 12.6 Average gross receivables 352.4 314.6 37.8 12.0 13.9 Closing net receivables 294.7 251.0 43.7 17.4 11.7 Revenue 150.7 134.3 16.4 12.2 14.7 Impairment (41
Slide 26: Strong financial profile
Strong financial profile 2025 2024 Receivables (£m) 1,061.3 870.0 Equity (£m) 546.0 466.3 Equity to receivables 51% 54% Gearing 1.2 times 1.2 times Interest cover 2.6 times 2.6 times Pre-exceptional EPS 26.3p 24.9p Pre-exceptional RoRE 14.9% 15.7% Reported RoE 10.7% 12.6%
Slide 27: Balance sheet
Balance sheet 2025 2024 Change at £m £m CER Goodwill 23.8 22.6 - Fixed assets 89.5 68.8 25.0% Receivables 1,061.3 870.0 13.9% Cash 30.4 27.6 4.5% Borrowings (617.7) (515.9) (12.2%) Other net liabilities (41.3) (6.8) (369.3%) Equity 546.0 466.3 9.8%
Slide 28: Exchange rates
Exchange rates Closing rates Average Closing rates Average Dec 2025 2025 Dec 2024 2024 Polish zloty 4.8 5.0 5.2 5.1 Czech crown 27.7 28.6 30.4 29.6 Euro 1.1 1.2 1.2 1.2 Hungarian forint 440.7 461.2 496.9 466.9 Romanian leu 5.8 5.9 6.0 5.9 Mexican peso 24.2 25.3 26.0 23.0 Australian dollar 2.0 2.0 2.
Slide 29: Contacts
Contacts Rachel Moran Investor Relations Mobile: +44 7760 167637 Email: rachel.moran@ipfin.co.uk Krzysztof Adamski Group Treasurer Mobile: +48 600 400 394 Email: krzysztof.adamski@ipfdigital.com
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