Credit Corp Group Limited · ASX:CCP
Credit — H1 FY2026 Earnings Presentation
23 slides from Credit's earnings presentation, Feb 3, 2026
Slide 1: H1 FY2026 Results
H1 FY2026 Results 3 FEBRUARY 2026 Thomas Beregi Michael Eadie Chief Executive Officer Chief Financial Officer
Slide 2: Leadership in the credit-impaired consumer segment…
Leadership in the credit-impaired consumer segment… Leadership position of Credit Corp Segment Leadership position Responsibility and compliance US Debt Buying → Large market opportunity → Significant productive capacity → Low regulator complaint rate → Diversified purchasing across → Emphasis on pa
Slide 3: …has delivered strong H1 investment…
…has delivered strong H1 investment… H1 FY26 highlights REVENUE NPAT EPS $283.6m $44.1m 64.8₵ (+4% 1) (- 1) (- 1) DPS PDL AND LENDING INVESTMENT FINANCIAL ASSETS 32.0₵ $356.2m Loan book $497.9m (+7% 1) (- 1) (+20% 1) PDL book $841.6m (+4% 1) 1. H1 FY26 vs H1 FY25 Credit Corp Group | 3
Slide 4: …which has impacted H1 NPAT…
…which has impacted H1 NPAT… H1 FY26 financial results H1 FY26 H1 FY25 VAR % Australian / NZ debt buying and collection services $108.1m $115.0m (6%) 1 US debt buying $73.7m $58.3m 25% Australian / NZ lending $101.8m $98.2m 4% Revenue total $283.6m $271.5m 4% Australian / NZ debt buying and collecti
Slide 5: …but will produce strong earnings growth in H2 FY26 and beyond…
…but will produce strong earnings growth in H2 FY26 and beyond… H2 NPAT reconciliation NPAT 63 $2m $2m 54 $9m 45 $4m 36 Projected FY26 NPAT $61m $105 million based on 27 midpoint of guidance range $44m 18 9 - H1 FY26 Higher lending Lower marketing Higher NPAT from Other including H2 FY26 NPAT intere
Slide 6: …in line with full year guidance
…in line with full year guidance Projected H2 and FY results NPAT 120 NPAT guidance $5m $100 - $110 million 90 60 $105m 30 $61m $44m - H1 FY26 H2 FY26 Total FY26 1 projection projection 1 1. Midpoint of FY26 NPAT guidance Credit Corp Group | 6
Slide 7: US operational improvement producing strong segment growth…
US operational improvement producing strong segment growth… Segment performance US debt buying US Collections and arrangement book (USD) $m in AUD H1 FY26 H1 FY25 VAR % 45 350 1 NPAT $11.7m $7.1m 63% $43m $42m Ledger investment $80.2m $48.4m 64% 1 $41m Cost to collect 38% 39% (1%) US PDL carrying va
Slide 8: …and facilitating increased investment
…and facilitating increased investment US debt buying investment → Additional volume renewed recently with more potential investment not yet finalised → US investment expected to be A$160 – $180 million 1 US PDL Investment volumes (AUD) Composition of US PDL Investment 200 FY26 US purchasing guidanc
Slide 9: Refreshed marketing has delivered a rebound in new customers…
Refreshed marketing has delivered a rebound in new customers… Segment performance AU/NZ lending H1 FY26 H1 FY25 VAR % 1 Wallet Wizard $204.2m $183.0m 12% CarStart $4.5m $8.8m (49%) WizIt $14.6m $4.5m >100% Total settled loans $223.3m $196.3m 14% Wallet Wizard NPAT $22.9m $23.6m (3%) CarStart NPAT $1
Slide 10: …and a record loan book entering H2
…and a record loan book entering H2 Record consumer lending volumes Lending volumes Consumer lending book and annualised revenue 250 500 $498m $465m $466m $445m 200 400 $415m $358m 150 $147m 300 $332m $105m $130m $123m $135m $221m $209m $213m $122m $251m $199m $88m $185m 100 $95m 200 $160m $146m $11
Slide 11: Recent recovery in AU/NZ PDL investment
Recent recovery in AU/NZ PDL investment H1 FY26 AU/NZ PDL investment → AU/NZ ledger investment impacted by forward flow disruption during H1 → Pipeline grew significantly in Dec-25 and Jan-26 with several large one-offs AU/NZ PDL Investment volume by half-year Annual AU/NZ PDL Investment volume 90 1
Slide 12: Capital structure remains conservative
Capital structure remains conservative Debt and capital headroom → Seeking an expansion of credit facilities during H2 to build headroom Cash facilities ($m) and gearing (%) 500 40% 400 30% 300 20% 200 10% 100 - - H1 FY23 H2 FY23 H1 FY24 H2 FY24 H1 FY25 H2 FY25 H1 FY26 1 Net borrowings (LHS) Cash an
Slide 13: Humm opportunity
Humm opportunity Strategic rationale and update → Credit Corp submitted a non-binding indicative offer for Humm Group Limited (ASX: HUM) in November 2025 • Currently negotiating a suitable confidentiality agreement with Humm to enable access to due diligence materials → Humm fits with Credit Corp’s
Slide 14: FY26 guidance remains unchanged
FY26 guidance remains unchanged FY26 outlook FY26 Guidance Issued Aug-25, confirmed Feb-26 Ledger investment $280 - $330 million 1 (vs $239 million in FY25) Gross lending $350 - $390 million (vs $369 million in FY25) NPAT $100 - $110 million (vs $94 million in FY25) EPS (basic) 147 - 162 cents (vs 1
Slide 15: APPENDICES: Key operating metrics
APPENDICES: Key operating metrics
Slide 16: APPENDICES: Key operating metrics
APPENDICES: Key operating metrics APPENDIX 1: Operating cash flow and gearing 17 APPENDIX 2: AU/NZ & US debt buying operational metrics 18 APPENDIX 3: Payers base 19 APPENDIX 4: Productivity 20 APPENDIX 5: Collections life cycle 21 APPENDIX 6: Operational and total headcount 22 Credit Corp Group | 1
Slide 17: APPENDIX 1: Operating cash flow and gearing
APPENDIX 1: Operating cash flow and gearing Operating cash flow and gearing H1 FY26 FY25 FY24 FY23 PDL collections $252.5m $478.6m $463.7m $493.8m Lending income $101.8m $199.8m $179.1m $147.8m Other income $38.1m $80.3m $92.8m $50.3m Interest expense / income ($15.3m) ($32.9m) ($23.8m) ($15.6m) Ope
Slide 18: APPENDIX 2: AU/NZ & US debt buying operational metrics
APPENDIX 2: AU/NZ & US debt buying operational metrics AU/NZ Debt Buying H1 FY26 Δ H1 FY25 Collections $122m (7%) Productivity $314 - Operations headcount 1 549 (6%) Payers book (face value) 1 $1,143m (12%) US Debt Buying H1 FY26 Δ H1 FY25 Collections $131m 23% 2 Productivity $475 41% 2 Operations h
Slide 19: APPENDIX 3: Payers base
APPENDIX 3: Payers base Combined AU/NZ/US Total portfolio Dec-25 Jun-25 Dec-24 Jun-24 Dec-23 Jun-23 Dec-22 Face value $13.1b $13.0b $12.8b $13.0b $12.9b $12.8b $12.7b Number of accounts 2,829,000 2,710,000 2,740,000 2,820,000 2,904,000 2,952,000 2,993,000 Payment arrangements Face value $1,618m $1,7
Slide 20: APPENDIX 4: Productivity
APPENDIX 4: Productivity Productivity per hour (A$) 1 450 400 Year-to-date Dec-25 average 350 FY26: $381 300 FY25: $324 250 200 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 12m to Dec-24 12m to Dec-25 1. Combined AU/NZ and US segment productivity Credit Corp Group | 20
Slide 21: APPENDIX 5: Collections life cycle
APPENDIX 5: COLLECTIONS LIFE CYCLE PDL COLLECTIONS BY VINTAGE ($m) 1 160 ↑ 7% 2 120 34% 29% 33% 33% 30% 32% 33% 37% 32% 46% 33% 35% 40% 39% 40% 41% 44% 43% 42% 44% 44% 40% 43% 12% 12% 19% 44% 80 18% 13% 14% 19% 20% 15% 15% 13% 18% 14% 17% 14% 16% 17% 17% 16% 13% 25% 20% 17% 16% 17% 15% 26% 19% 14% 1
Slide 22: APPENDIX 6: Operational and total headcount
APPENDIX 6: OPERATIONAL AND TOTAL HEADCOUNT 2,500 Period End Headcount Dec-24 Jun-25 Dec-25 (FTE) Debt buying operations 1,082 1,036 1,002 2,000 Collection services 599 579 598 1,500 Lending 263 255 318 Support 201 195 211 1,000 Total 2,145 2,065 2,129 500 Support % 9% 9% 10% - Dec-24 Jun-25 Dec-25
Slide 23: For more information, please contact
For more information, please contact THOMAS BEREGI MICHAEL EADIE Chief Executive Officer Chief Financial Officer Tel +61 2 8651 5777 Tel +61 2 8651 5542 tberegi@creditcorp.com.au meadie@creditcorp.com.au