Resimac Group Limited · ASX:RMC
Resimac — FY2025 Earnings Presentation
34 slides from Resimac's earnings presentation, Aug 28, 2025
Slide 1: FY25 Results Presentation
RESIMAC GROUP LTD For personal use only FY25 Results Presentation. Pete Lirantzis, CEO James Spurway, CFO Andrew Marsden, CTO
Slide 2: Today's presenters
Today's presenters. For personal use only Pete Lirantzis James Spurway Andrew Marsden | Chief Executive Officer | Chief Financial Officer | Chief Treasury Officer Pete joined Resimac in early 2024 and was James joined Resimac in May 2024 as CFO. Andrew joined Resimac’s Treasury team in appointed CEO
Slide 3: Our mission
Home Loan Asset Finance For personal use only Prime and Investment Specialist in Secured Equipment Business and Novated non-conforming property helping the business lending consumer leases Our home loans lender self-employed loans auto ENABLED BY mission. Core Competencies Strategy & Execution Our t
Slide 4: FY25 performance highlights
Built strong momentum through FY25 • Normalised operating profit improved 13% on FY24. • 2H25 normalised operating profit improved 19% on 1H25 and 43% on 2H24. • ROE1 increased to 12.5% in 2H25 from 7.2% in 1H25. For personal use only Returned capital to our investors • Dividends of 19.0c totaling $
Slide 5: FY25 highlights
Normalised Normalised Statutory operating profit1,2,3 NPAT1,2 NPAT $78.6m $39.7m $34.6m For personal use only vs. FY24 $69.8m vs. FY24 $43.1m vs. FY24 $34.8m FY25 Cost to income ratio1,2 Impairment Collective highlights. (Normalised) expense provision balance5 53.6% $22.6m $60.9m vs. FY24 53.1% vs.
Slide 6: 2H25 highlights
Normalised Normalised Statutory operating profit1,2,3 NPAT1,2 NPAT $42.7m $24.7m $21.1m For personal use only vs. 1H25 $35.9m vs. 1H25 $15.0m vs. 1H25 $13.5m vs. 2H24 $29.9m vs. 2H24 $17.1m vs. 2H24 $14.5m 2H25 Cost to income ratio1,2 Impairment Collective highlights. (Normalised) expense provision
Slide 7: Financial results overview
For personal use only Financial results overview.
Slide 8: FY25 financial snapshot
FY25 financial snapshot. Home Loan closing AUM ($b) Loan impairment expense ($m) Operating profit (Normalised) ($m) NPAT (Normalised) ($m) For personal use only 13.4 22.6 108.0 73.7 78.6 69.8 13.1 43.1 39.7 12.9 7.9 2.2 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 Asset Finance closin
Slide 9: 2H25 financial snapshot
2H25 financial snapshot. Home Loan closing AUM ($b) Loan impairment expense ($m) Operating profit (Normalised) ($m) NPAT (Normalised) ($m) For personal use only 13.4 14.8 42.7 24.7 17.1 35.9 15.0 13.0 7.8 12.9 5.5 29.9 2H24 1H25 2H25 2H24 1H25 2H25 2H24 1H25 2H25 2H24 1H25 2H25 Asset Finance closing
Slide 10: Financial results summary
Financial results summary. Operating profit FULL YEAR HALF YEAR $78.6m 13% improvement on FY24 and positive For personal use only FY25 2H25 2H25 momentum with 2H25 growing 19% on 1H25 FY25 FY24 vs. FY24 2H25 1H25 2H24 vs. 1H25 vs. 2H24 and 43% growth on 2H24. FINANCIAL PERFORMANCE 1 Normalised opera
Slide 11: Profitability
Profitability. Key operating profit drivers Group operating profit (Normalised, $m)1 Walk: FY24 to FY25 For personal use only Y25 average AUM $1.2b higher F 4.0 18.3 than FY24 with Asset Finance AUM +$0.7b and Home Loan (1.9) +$0.5b. 78.6 (11.6) Y25 NIM broadly flat driven F 69.8 by reductions in cu
Slide 12: Portfolio margin
Portfolio margin. Group margin: widened 12bps on 1H25, driven by reductions Home Loan net interest margin1 (bps) For personal use only in BBSW / BKBM following the start of an RBA easing cycle in 134 7 13 134 2 128 February 2025 with benefits expected to carry through 1H26. (7) 28 (6) (8) Jun-25 exi
Slide 13: Funding
Funding. The Group enjoys a diversified funding model, maintaining Australia RMBS and ABS issuance term profile ($b) For personal use only strong, long-term relationships with onshore and offshore 5.5 5.5 banking and funding partners. 2.0 2.5 4.2 0.4 4.3 2.0 The Group has extensive experience issuin
Slide 14: Loan settlements
Loan settlements. Home Loan Asset Finance For personal use only Maintaining momentum in a competitive landscape. Organic growth continuing to be the driver of AUM growth. FY25 FY25 Increase in active FY25 FY25 Number of account settlements applications brokers submitting apps settlements application
Slide 15: Assets under management (AUM)
Assets under management (AUM). Home Loan Asset Finance For personal use only Portfolio continues to build momentum in a competitive Portfolio continues to experience strong growth supporting the landscape. Group’s AUM diversification strategy and acquisitions. FY25 FY25 FY25 vs. FY24 FY25 FY25 FY25
Slide 16: Arrears
Arrears. Home Loan Asset Finance For personal use only 90+ days arrears by product (as % closing AUM)1 90+ days arrears (as % closing AUM)* 2.32% 2.04% 1.79% 1.66% 2.03% 0.46% 1.53% 0.42% 0.36% 1.62% 0.36% 0.99% 1.40% 1.45% 1.24% 0.81% 0.59% 0.69% 0.21% 0.45% 0.46% 0.50% 0.27% 0.27% 0.38% 0.20% 0.17
Slide 17: Prudent loan provisioning
Prudent loan provisioning. Home Loan Asset Finance For personal use only ollective provision decreased by $5.7m vs. 1H25 reflecting easing C ollective provision increased by $12.3m vs. 1H25 reflecting the C inflationary and interest rate cycles. increase in AUM, arrears and net write-offs in FY25. P
Slide 18: FY26 priorities
For personal use only priorities. FY26
Slide 19: FY26 priorities
FY26 priorities. For personal use only CEO review of the Developing our Focusing investment Improving service Security, Group's strategy. people, building and on the Home Loan levels for customers, compliance, and retaining talent. business. brokers and other governance. A comprehensive channel part
Slide 20: Questions and answers
For personal use only Questions and answers.
Slide 21: Thank you
For personal use only Thank you. Resimac Group Ltd ABN 55 095 034 003 Australian Credit Licence 247829 ASX:RMC
Slide 22: Appendices
For personal use only Appendices.
Slide 23: Economic environment
Economic environment. Robust house price growth amid stabilising macroeconomic conditions assisted by tapering inflation. For personal use only Housing credit ($b)1,2 Cash rate (%) +23% +5% YoY YoY 60.1 54.8 58.1 53.2 48.7 50.8 +5% 50.5 48.8 YoY 30.8 32.4 32.4 26.5 Jun-24 Aug-24 Oct-24 Dec-24 Feb-25
Slide 24: Portfolio snapshot: Home Loan
Portfolio snapshot: Home Loan. Volume Portfolio composition Weighted average Dynamic LVR bands2,3 portfolio LVR1,3 % of total portfolio accounts For personal use only Settlements ($b) Loan type 2.3 2.4 2.5 1.9 1.4 Prime 60% 1.4 64.3% 1.2 43% 1.1 0-60% 63% ● Owner occupied 57% 1.1 1.0 1.1 ● Investmen
Slide 25: Portfolio snapshot: Asset Finance
Portfolio snapshot: Asset Finance. Volume Composition Credit quality For personal use only Settlements ($b) Settlements mix at Jun-25 close Loan loss provisions ($m) 0.46 28.7 0.44 0.38 0.39 14.6 ● Auto 0.27 44% 38% ● Equipment 7.9 ● Secured business 2.2 1.0 0.5 0.12 2H24 1H25 2H25 18% ● Collective
Slide 26: Consolidated statement of profit or loss
FY25 FY24 Consolidated Interest income Interest expense 1,058.0 (887.5) 995.3 (835.7) statement Net interest income Fee and commission income 170.5 15.4 159.6 6.6 For personal use only of profit or Fee and commission expense (16.5) (16.1) Fair value gains on derivatives - 0.4 loss ($m) Fair value lo
Slide 27: Consolidated statement of financial position
FY25 FY24 FY25 FY24 ● Assets ● Liabilities ● Equity Cash reconciliation ($m) Consolidated Cash and bank balances Trade and other receivables 775.7 4.9 871.0 5.1 Cash at bank and on hand Cash collections account 9.9 765.8 53.9 817.1 statement Current tax receivable Loans and advances to customers - 1
Slide 28: Consolidated statement of cash flows
FY25 FY24 ● Operating activities ● Investing activities ● Financing activities Consolidated Interest received 1,098.0 1,036.1 Interest paid (886.8) (834.6) Receipts from loan fees and other income 25.2 28.7 statement Payments to suppliers and employees (Payments)/receipts of net loans to/from borrow
Slide 29: Environmental, social and governance
For personal use only Environmental, social and governance
Slide 30: Environmental, social and governance
Environmental, social and governance. For personal use only As an ASX-listed entity funding Australian The ESG Committee aligns its focus with the communities, Resimac integrates Environmental, United Nations Sustainable Development Goals, Social and Governance (ESG) into all aspects of our concentr
Slide 31: Key ESG pillars
Key ESG pillars. For personal use only Resimac’s overarching Environmental, Social and Governance purpose comprises the following key pillars: Sustainability Community Accountability We integrate We actively support our We are committed to sustainability across communities by combining ethical and s
Slide 32: Environmental. Social. Governance.
Environmental. Social. Governance. We are committed to conducting Our people are our greatest In FY25 we expanded the our business in an environmentally investment. We prioritise responsibilities of each of our responsible way and to reducing engagement, health, safety, and governance committees to
Slide 33: Charitable partnerships aligned with our ESG goals
Charitable partnerships aligned with our ESG goals. For personal use only Good Health and Wellbeing Quality Education Climate Action Sanctuary Housing: GO Foundation: Resimac Carbon Positive: We Resimac provides financial supports the Go Foundation fund community forests and volunteer support to in
Slide 34: Important notice and disclaimer
Important notice and disclaimer. For personal use only The information in this presentation provides an overview of the results for the period This presentation has not been subject to auditor review and all dollar values are in ended 30 June 2025. It is general background information about the acti