Wisr Ltd. · ASX:WZR
Wisr — Corporate Update (August 2026)
27 slides from Wisr's corporate update, Aug 26, 2026
Slide 1: Company Update FY26 August 2026
COMPANY UPDATE FY26 AUGUST 2026 1
Slide 2: Return to growth: scale and profitability
FY24 FY25 FY26 Moderated growth settings Return to growth Scale and profitability Loan book reached $1.1B at Jun-26, with first full year of Cash NPAT profitability: $1.0M1 65% originations growth in FY26 1 Cash NPAT is calculated as Net Interest Margin less net loan losses, operating expenses and c
Slide 3: FY26 guidance metrics exceeded
Guidance Actual Expected in Cash NPAT profitability H2FY26: $1.7M H2FY26 FY26 guidance Loan origination growth (FY25: $422M) 50%+ 65% (FY26: $695M) metrics exceeded Revenue growth (FY25: $92M) 15%+ 19% (FY26: $109M) Cost-to-income ratio improvement (FY25: 31%) <29% 28% 3
Slide 4: FY27 Guidance
FY27 Guidance After achieving Cash NPAT profitability in FY26, Wisr is poised for its next phase of growth. FY25 Cash NPAT FY27 Cash NPAT of at FY26 Cash NPAT $1.0M $5.3M2 least $5.0M1 Wisr expects to deliver FY27 Cash NPAT of at least $5.0M1, a significant increase from FY26 Cash NPAT of $1.0M.
Slide 5: FY26 key results
FY26 key results LENDING FINANCIAL CAPITAL CUSTOMER $1,084M $108.8M $1.0M Unrestricted cash of New AI tools for simpler underwriting, Wisr loan book1 Revenue Cash NPAT3 $16.6M settlements, servicing and collections as at Jun-26 ↑32% Jun-25 $824M ↑19% FY25 $91.6M ↑$6.3M FY25 $5.3M +82 Cust
Slide 6: Wisr at a glance
Wisr at a glance Wisr loan book snapshot Automation-first fintech Sophisticated lender $1.1B loan book 82% $2.9B of loans automatically assessed by AI-powered decision engine total loan originations Personal loans Secured vehicle loans 61% 39% of loan book of loan book 48% 3 6 2 warehouses executed
Slide 7: Structural tailwinds creating opportunity
Structural tailwinds creating opportunity Market opportunity / Major banks are exiting Asset-Backed Securities (ABS) TAM3 key 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 8: Strong loan book growth
Strong loan book growth ● Continued momentum in loan originations Loan book1 drove loan book growth, reaching $1,084.0M at Jun-26 Jun-25 $824.0M ● The personal loan book increased 24% to $664.8M Jun-25 $535.4M 32% growth ● The secured vehicle loan book increased 45% to $419.2M Jun-25 $288.6M
Slide 9: Record loan origination volume
Record loan origination volume ● The Company delivered record loan Loan originations originations of $695.3M, a 65% increase on FY25 $422.0M ● Personal loan originations of $415.3M, a 53% increase on FY25 $271.3M 65% growth ● Secured vehicle loan originations of $280.0M, an 86% increase on FY25
Slide 10: Improving risk-adjusted margin
Improving risk-adjusted margin ● Portfolio yield decreased 20 bps to 11.00% FY25 11.20%, as the benefit of front-book pricing increases implemented during the year was offset by the portfolio mix shift towards secured vehicle loans, which carry lower yields and credit losses ● Portfolio Net Inter
Slide 11: NIM set at origination for the life of the loan
NIM set at origination for the life of the loan 1 Interest income fixed at origination Each loan is originated at a fixed interest rate, Illustrative example: How Wisr maintains stable margin through interest rate cycles Fixed rate income providing certainty over interest revenue for the full life o
Slide 12: Improvement in book performance
Improvement in book performance ● 90+ day arrears improved 39 bps to 1.01% Jun-25 Customer credit scores and 90+ day arrears 1.40% ● Net losses improved 41 bps to 1.38% of average loan balances FY25 1.79% ● The decrease in arrears and net losses reflect the ongoing impact of the Companyʼs impr
Slide 13: Cash NPAT profitable
Cash NPAT profitable ● Wisr delivered its inaugural full-year Cash NPAT profit in FY26 of $1.0M FY25 $5.3M, driven by loan book and revenue growth, FY25 FY26 Variance Variance INCOME STATEMENT $M $M $M % improved loss performance and strong operating leverage ● Operating expenses increa
Slide 14: Robust funding program supports growth
Robust funding program supports growth ● In May 2026, Wisr priced its sixth and largest ABS Funding as at 30-Jun-26 transaction, the $354M Wisr Momentum Trust 20261, upsized from $300M ● The transaction was Wisrʼs first combined personal loan and secured vehicle loan ABS, achieving AAA Moodyʼs rati
Slide 15: Funding capacity supports planned growth
Funding capacity supports planned growth Cash held in warehouses and term deal trusts ● Undistributed customer loan repayments (principal and interest) ● Unutilised funds from note subscriptions (predominantly third-party debt) ● Use of funds restricted to funding loans and operating warehouses and
Slide 16: FY27 strategic priorities are mutually reinforcing
Investment in AI FY27 strategic priorities Leveraging are mutually reinforcing AI Streamlined Increased processes revenue Operational leverage Automation Distribution Increased Consistent credit volume underwriting
Slide 17: Three horizons of progress
Three horizons of progress Building a purpose-led platform that grows enterprise value over time HORIZON 3 We are here A platform business delivering network effects HORIZON 2 3+ years) Scale the core. Expand distribution, Unlock our advantage verticals and products ● One platform powering multiple
Slide 18: In summary
In summary FY26 guidance ✓ Exceeded all FY26 guidance metrics, delivering first full year of Cash NPAT profitability of $1.0M FY25 $5.3M, with $1.7M in H2FY26 exceeded and ✓ Loan origination growth of 65%, revenue growth of 19% and cost-to-income of 28%, each strong FY27 exceeding guidance outl
Slide 19: Additional Information
ADDITIONAL INFORMATION 19
Slide 20: Income Statement
FY25 FY26 Variance Variance $'000 $'000 $'000 % INCOME REVENUE STATEMENT Revenue EXPENSES 91,571 108,842 17,271 19% STATUTORY Revenue: $108.8M, up 19%, driven by strong origination and Employee benefits expense 17,114 17,926 812 5% loan book growth Marketing expense 862 652 210 24% Emplo
Slide 21: Financial Instruments
FINANCIAL INSTRUMENTS IMPACT OF HEDGING Wisrʼs hedging program is designed to lock in the cost of funding, and match the term of In FY26, Wisr recorded a $9.4M gain from movements in our customer loan assets with the underlying warehouse and ABS borrowings, therefore the fair value of hedging instru
Slide 22: Statutory NPAT to Cash NPAT Reconciliation
STATUTORY NPAT FY25 $'000 FY26 $'000 TO CASH NPAT Statutory NPAT 7,260 6,715 RECONCILIATION ECL provision expense 3,370 1,165 Share based payments expense 1,810 1,237 Depreciation and amortisation 1,753 2,575 Finance costs - non-cash1 678 2,022 Non-cash hedge accounting expense 1,087 667 Cash
Slide 23: Balance Sheet
2025 2026 Variance Variance $'000 $'000 $'000 % ASSETS BALANCE SHEET Cash and cash equivalents Trade and other receivables 43,641 1 83,910 1 40,269 - 92% - Loan receivables 813,083 1,080,407 267,324 33% STATUTORY Other assets 1,145 1,147 2 0% Net Assets increased by $14.6M to $41.4M as at Property,
Slide 24: Cash Flow
2025 2026 Variance Variance $'000 $'000 $'000 % CASH FLOWS FROM OPERATING ACTIVITIES CASH FLOW Receipts from customers 89,448 103,652 14,204 16% Payments to suppliers and employees 27,243 31,297 4,054 15% Interest received on investments and cash 1,579 1,931 352 22% STATUTORY Management fees r
Slide 25: Key Financials and Metrics
FY23 FY24 FY25 FY26 Loan book Originations $m 495 210 422 695 KEY PL originations $m SVL originations $m 319 176 161 49 271 151 415 280 FINANCIALS Average loan amount Closing loan book balance $m 30,301 931 29,886 770 33,787 824 35,576 1,084 AND METRICS Portfolio yield % Portfolio NIM % 10.1
Slide 26: Expected Credit Loss (ECL)
EXPECTED CREDIT ECL provision and ECL expense LOSS (ECL) ● As at Jun-26, Wisr held a total ECL provision of 2.05%1 ● The 51 bps reduction in provision coverage, from 2.56% at Jun-25, reflects improved loan book seasoning, stronger recoveries and a decline in late-stage arrears RECONCILIATION OF EXPE
Slide 27: 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