International Personal Finance Plc · LSE:IPF
International Personal Finance — H1 2025 Earnings Presentation
26 slides from International Personal Finance's earnings presentation, Jul 30, 2025
Slide 1: 2025 half-year results
2025 half-year results Accelerating growth 30 July 2025
Slide 2: Strategy and performance
eosaen email Fingecs oe Strategy and performance
Slide 3: Accelerating growth and strategic delivery
Accelerating growth and strategic delivery £49.9m • Financial performance ahead of plan • Profit before tax +5.5% • Strong demand and execution drive growth across all divisions £938m • Closing net receivables +12% • Momentum behind Next Gen strategy delivering progress 15.4% • Return on required eq
Slide 4: Momentum driving Next Gen strategy
Momentum driving Next Gen strategy Next Gen Next Gen Next Gen financial inclusion organisation tech and data Building the products, channels and Becoming a more efficient organisation Becoming a data-driven and territories to ensure our propositions are that makes a positive impact on technology-ena
Slide 5: Next Gen financial inclusion
Next Gen financial inclusion • 160,000 credit cards in Poland including fully digital offering launched in H1 • Strong demand for shorter-term products trialled in Mexico and Poland • Retail partnership credit - 1,100+ offline and online stores in Romania, and 70+ online in Mexico • Two new branches
Slide 6: Next Gen organisation
Next Gen organisation • Three-year UN Women partnership in Mexico to advance gender equality • Global People Survey demonstrated strong engagement of our people across the Group - ~ 20,000 colleagues surveyed, 91% response rate - outstanding 81% positive responses • 4,000 colleagues took part in our
Slide 7: Next Gen tech and data
Next Gen tech and data • Digital transformation driving expansion of customer apps and mobile wallet to meet evolving needs • Omnichannel platform driving improved customer experience and high Net Promoter Scores • Web Chat live in Hungary, Czech Republic and Romania; improving customer service with
Slide 8: Financial performance
Financial performance
Slide 9: Pre-exceptional PBT up by 5.5%
Pre-exceptional PBT up by 5.5% • Pre-exceptional PBT growth of 5.5%, ahead of internal plan: Pre-exceptional profit before tax 5.5% £47.3m1 £49.9m - Strong repayment performance and excellent credit quality £37.8m - PBT growth of 18.8% before £5m FX headwind, mainly from the Mexican peso • First hal
Slide 10: Accelerating lending growth
Accelerating lending growth • Group customer lending up 11% £622m £579m £597m £352m • European home credit: £311m £315m - Strong contribution by Romania delivering 19% growth - Poland back on a growth footing, up 17% 11% 13% - Solid growth of c.5% by Hungary and Czech Republic • Mexico home credit:
Slide 11: Strong receivables growth
Strong receivables growth • Group receivables growth of 12% £938m £893m £864m • European home credit: £499m £502m £444m - Romania and Hungary both up 14% - Poland returned to growth delivering 10% 12% 12% - Czech Republic up 9% - Expect growth of between 15%-20% for 2025 as a whole • Mexico home cre
Slide 12: KPIs aligned to growth and value
KPIs aligned to growth and value Annualised revenue yield Annualised impairment rate Annualised cost-income ratio 60% 65% 18% 58% 58% 16% 16% Target range Target range 60% 61.9% 56% 14% 14% 56% 12% 54% 55% 53.3% 10% 51% 52% 8% 8.3% 50% Target range 49% 50% 6% 4% 45% 48% 2% 46% 40% 0% FY-22 H1-23 FY-
Slide 13: Increasing shareholder value
Increasing shareholder value Annualised return on required equity (RoRE)1 Pre-exceptional earnings per share (EPS)1 Dividend per share (DPS) (0.8ppts) 14.2p 12.7% 3.8p 11.8% 16.2% 12.6p 3.4p 15.4% 3.1p 14.7% 10.2p H1-22 H1-23 H1-24 H1-23 H1-24 H1-25 H1-23 H1-24 H1-25 H1-23 H1-24 H1-25 • Continuing t
Slide 14: Robust funding position and capital strength
Robust funding position and capital strength • Strong funding position and balance sheet underpin growth ambitions £650m • Credit ratings affirmed by Fitch and Moody’s • Total debt facilities • 2025 Eurobond stub repaid early • Blended cost of funding reduced to 12.5% (H1-24: 13.2%) £50m • Equity to
Slide 15: Outlook
International Personal Finance
Slide 16: Accelerating growth; driving returns
Accelerating growth; driving returns • Strong first half performance and financial resilience • Expect second-half profit to be similar to H2-2024 • Driving growth through innovation and expansion • Confidence in strategy execution to deliver enhanced financial inclusion and sustainable returns 16
Slide 17: Questions
Questions
Slide 18: Appendices
Appendices
Slide 19: Group
Group Change at H1 2025 H1 2024 Change Change CER £m £m £m % % Customer numbers (000s) 1,653 1,656 (3) (0.2%) (0.2%) Customer lending 622.0 597.4 24.6 4.1% 11.0% Average gross receivables 1,318.6 1,369.9 (51.3) (3.7%) 2.4% Closing net receivables 937.8 864.4 73.4 8.5% 11.7% Revenue 347.8 371.7 (23.9
Slide 20: European home credit
European home credit Change at H1 2025 H1 2024 Change Change CER £m £m £m % % Customer numbers (000s) 711 717 (6) (0.8%) (0.8%) Customer lending 351.7 315.4 36.3 11.5% 13.2% Average gross receivables 707.5 744.8 (37.3) (5.0%) (2.5%) Closing net receivables 502.1 444.0 58.1 13.1% 12.2% Revenue 160.6
Slide 21: Mexico home credit
Mexico home credit Change at H1 2025 H1 2024 Change Change CER £m £m £m % % Customer numbers (000s) 683 710 (27) (3.8%) (3.8%) Customer lending 132.6 156.0 (23.4) (15.0%) 1.6% Average gross receivables 284.3 319.1 (34.8) (10.9%) 4.9% Closing net receivables 167.8 183.0 (15.2) (8.3%) 3.8% Revenue 116
Slide 22: IPF Digital
IPF Digital Change at H1 2025 H1 2024 Change Change CER £m £m £m % % Customer numbers (000s) 259 229 30 13.1% 13.1% Customer lending 137.7 126.0 11.7 9.3% 15.5% Average gross receivables 326.8 306.0 20.8 6.8% 12.0% Closing net receivables 267.9 237.4 30.5 12.8% 16.3% Revenue 71.2 65.8 5.4 8.2% 15.8%
Slide 23: Strong financial profile
Strong financial profile H1 2025 H1 2024 Receivables (£m) 937.8 864.4 Equity (£m) 501.6 480.4 Equity to receivables 53.5% 55.6% Gearing 1.2 times 1.2 times Interest cover 2.7 times 2.7 times Annualised pre-exceptional EPS 14.2p 12.6p Annualised pre-exceptional RoRE 15.4% 16.2% Annualised RoE 14.7% 1
Slide 24: Balance sheet
Balance sheet H1 2025 H1 2024 Change at £m £m CER Goodwill 23.3 23.1 -% Fixed assets 75.6 67.1 15.1% Receivables 937.8 864.4 11.7% Cash 38.0 86.5 (55.3%) Borrowings (565.6) (544.5) (6.7%) Other net liabilities (7.5) (16.2) 64.3% Equity 501.6 480.4 8.5%
Slide 25: Exchange rates
Exchange rates Closing rates Average Closing rates Average June 2025 H1 2025 June 2024 H1 2024 Polish zloty 5.0 5.0 5.1 5.1 Czech crown 29.0 29.6 29.4 29.2 Euro 1.2 1.2 1.2 1.2 Hungarian forint 470.2 479.2 468.0 457.0 Romanian leu 5.9 5.9 5.9 5.8 Mexican peso 25.8 25.8 22.8 21.7 Australian dollar 2.
Slide 26: 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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