Credit Corp Group Limited · ASX:CCP
Credit — FY2026 Earnings Presentation
27 slides from Credit's earnings presentation, Aug 4, 2026
Slide 1: Credit Corp Group
Credit Corp Group | 1
Slide 2: Leadership in the credit-impaired consumer segment
Leadership in the credit-impaired consumer segment… Leadership position of Credit Corp Analytics and reach Operational excellence Responsibility and compliance US Debt Buying • Large market opportunity • Significant productive capacity across • Low regulator complaint rate several sites • Diversifie
Slide 3: Strong growth, record earnings and increased dividends
…has produced strong growth, record earnings and increased dividends… Summary of FY2026 financial outcomes NPAT ($m) EPS (¢) and DPS (¢) 180 120 12 % 155.0¢ 148.9¢ 150 138.2¢ 134.2¢ 130.9¢ 90 120 60 90 77.5¢ 72.0¢ 74.0¢ 74.5¢ $106m 70.0¢ 68.0¢ $96m $94m $88m $91m $81m 60 30 38.0¢ 30 - - 1 2 FY21 FY2
Slide 4: With the US driving the record result
…with the US driving the record result… FY2026 financial results FY2026 FY2025 VAR % Australian / NZ debt buying and collection services $220.6m $219.9m < 1% 1 US debt buying $150.5m $125.9m 26% Australian / NZ lending $214.9m $199.8m 8% Revenue total $586.0m $545.6m 7% Australian / NZ debt buying a
Slide 5: Contributing to asset growth with improved returns
…and contributing to asset growth with improved returns FY2026 financial results Gross financial assets($m) ROE at pro-forma gearing (40%) 1,800 16% 1,600 14% 0.4 ppts 0.4% $1,385m 2.32.3% ppts 1,400 13.1% $1,292m 9% (0.7%) (0.7) ppts 12% 1,200 11.1% $510m $466m 1,000 10% 10 % 1 800 8% 600 $532m $50
Slide 6: Our strategic growth aspirations remain intact
Our strategic growth aspirations remain intact… Our growth strategy Medium Long-term Current (2-3 years) aspiration Australian / NZ debt Annual investment of ~$100m Investment growth of 3-5 per cent p.a. in accordance with unsecured credit growth buying US debt buying Annual investment of US$120m An
Slide 7: Despite more challenging conditions in some markets
…despite more challenging conditions in some markets Tailwinds Segment Headwinds Response US debt Supply has started to contract • Continue successful program of operational buying improvement Price increases on larger tenders • Maintain purchasing discipline Collection outcomes remain consistent wi
Slide 8: Investment and performance uplifted US collections and returns
Investment and performance uplifted US collections and returns… Segment performance US debt buying VAR US Collections and arrangement book (USD $) $m in AUD FY2026 FY2025 % / ppts 60 400 $338m $315m $314m $320m NPAT $26.2m $17.6m 57% 1 $295m $297m $301m $304m 300 Ledger investment $166.2m $149.0m 18
Slide 9: Producing a more competitive operating platform
…producing a more competitive operating platform… Segment performance US debt buying • Asset turnover improving towards listed competitor levels • Gap in legal effectiveness is narrowing rapidly Asset turnover by quarter 1 Quarterly growth in legal collections vs pcp (%) 0.85 40% 30% 0.70 20% 0.55 1
Slide 10: Securing investment and growth in a challenging purchasing market
…to secure investment and growth in a challenging purchasing market US debt buying investment • Investment is expected to be lower in FY2027 • Operational improvement will account for segment earnings growth in FY2027 • Solid starting pipeline US PDL Investment volumes ($m in AUD) 200 150 FY2027 US
Slide 11: Record lending volume and closing consumer loan book
Record lending volume and closing consumer loan book… Segment performance – lending I • Increased consumer demand and improved marketing delivered: • Record volume of $424 million, up 15 per cent on the prior year; • A record closing loan book of $510 million Consumer loan book ($m) and annualised r
Slide 12: Lifted segment earnings after funding growth initiatives
…lifted segment earnings after funding growth initiatives… Segment performance – lending II • P&L investment in growth initiatives increased from $1 million in FY2025 to $4.5 million in FY2026 • Realised credit losses and arrears remain in line with pro-forma Lending NPAT ($m in AUD) Loss Provision
Slide 13: Necessary for longer-term growth in consumer lending
…necessary for longer-term growth in consumer lending Product and market diversification Segment Status • Strong customer appeal, accounting for 17 per cent of new customer loan traffic • Changes to scorecard are delivering target customer mix card and Powerup line of credit • Marketing and distribu
Slide 14: A one-off purchase produced improved AU/NZ debt buying NPAT
A one-off purchase produced improved AU/NZ debt buying NPAT Segment performance AU/NZ debt buying AU/NZ debt buying collections and arrangement book ($m In AUD) VAR $m in AUD FY2026 FY2025 % / ppts $1,316m $1,285m 1,400 $1,253m $1,255m $1,156m $1,143m $1,156m $1,157m NPAT $23.4m $22.2m 5% 80 1,050 L
Slide 15: AU/NZ debt buying is positioned for upside
AU/NZ debt buying is positioned for upside AU/NZ debt buying investment • Solid starting pipeline and increased opportunity AU/NZ PDL Investment volumes ($m in AUD) 200 150 FY2027 AU/NZ purchasing guidance of $100 - $150 million 100 $128m $136m 50 $91m $54m - FY24 FY25 FY26 FY27 pipeline Credit Corp
Slide 16: Expanded finance facilities to fund growth
Expanded finance facilities to fund growth Debt and capital headroom • Expanded financing facilities and reduced margin to maximise opportunistic investment Cash facilities ($m) and gearing 1 (%) 500 40% 400 30% 300 20% 200 10% 100 - - H1 FY23 H2 FY23 H1 FY24 H2 FY24 H1 FY25 H2 FY25 H1 FY26 H2 FY26
Slide 17: AI is contributing to operational improvement
AI is contributing to operational improvement AI update • Centralised facilitation, governance and resource prioritisation • Commitment to an enterprise toolset • Mandatory human-in-the-loop Business Business impact impact Efficiency Effectiveness → Examples of wins to date ▪ Call summarisation and
Slide 18: FY2027 guidance is for solid growth in challenging market conditions
FY2027 guidance is for solid growth in challenging market conditions FY2027 outlook FY2027 Guidance Issued Aug-2026 Ledger investment $200 - $280 million 1 (vs $302 million in FY2026) Gross lending $445 - $495 million (vs $424 million in FY2026) NPAT $110 - $118 million 2 (vs $106 million in FY2026)
Slide 19: Appendices: Key operating metrics
APPENDICES: Key operating metrics
Slide 20: Appendices: Key operating metrics
APPENDICES: Key operating metrics APPENDIX 1: Operating cash flow and gearing 21 APPENDIX 2: Collections life cycle 22 APPENDIX 3: Operational and total headcount 23 APPENDIX 4: RBA aggregate interest-bearing card balances 24 APPENDIX 5: US unsecured credit outstandings and charge-off rates 25 APPEN
Slide 21: Appendix 1: Operating cash flow and gearing
APPENDIX 1: Operating cash flow and gearing Operating cash flow and gearing FY2026 FY2025 FY2024 FY2023 PDL collections $529.6m $478.6m $463.7m $493.8m Lending income $214.9m $199.8m $179.1m $147.8m Other income $76.8m $80.3m $92.8m $50.3m Interest expense / income ($33.9m) ($32.9m) ($23.8m) ($15.6m
Slide 22: Appendix 2: Collections life cycle
APPENDIX 2: Collections life cycle PDL COLLECTIONS BY VINTAGE ($m) 1 160 ↑ 14% 2 120 34% 29% 33% 33% 30% 37% 39% 32% 33% 37% 32% 33% 35% 40% 39% 40% 44% 41% 44% 43% 44% 40% 43% 43% 44% 12% 12% 19% 44% 80 18% 11% 13% 14% 19% 13% 20% 15% 15% 13% 18% 16% 14% 17% 17% 13% 15% 25% 17% 17% 13% 20% 17% 16%
Slide 23: Appendix 3: Operational and total headcount
APPENDIX 3: Operational and total headcount Period End Headcount (FTE) Jun-25 Dec-25 Jun-26 Debt buying operations 1,036 1,002 1,049 2,000 Collection services 579 598 605 1,500 Lending 255 318 320 1,000 Support 195 211 222 Total 2,065 2,129 2,196 500 Support % 9% 10% 10% - Jun-25 Dec-25 Jun-26 Suppo
Slide 24: Appendix 4: RBA aggregate interest bearing card balances
APPENDIX 4: RBA aggregate interest bearing card balances Australian credit card balances accruing interest ($b) 1 33 31 29 27 25 23 21 19 17 15 Balances accruing interest ($bn) - seasonally adj 1. Value of Australian credit card balances accruing interest (https://www.rba.gov.au/statistics/tables/xl
Slide 25: Appendix 5: US unsecured credit outstandings and charge-off rates
APPENDIX 5: US unsecured credit outstandings and charge-off rates US Revolving Credit (US$b) and Quarterly Charge-Off Rates (%) 1200 5% 1000 4% 800 3% 600 2% 400 1% 200 - 0% 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023 2024 2024 2024 2024 2025 2
Slide 26: Appendix 6: Market leadership in compliance and conduct
APPENDIX 6: Market leadership in compliance and conduct FY2026 AU EDR Rate 1 12 Months to Mar-26 US Dispute Rate 2 Credit Corp Credit Corp Debt buyer A Publicly traded debt buyer A Debt buyer B Publicly traded Debt buyer C debt buyer B - 1 2 3 4 5 6 - 2 4 6 8 10 12 14 Rating of banks and debt buyers
Slide 27: Credit Corp Group
Credit Corp Group | 27