Solvar Limited · ASX:SVR
Solvar — Investor Presentation (August 2025)
24 slides from Solvar's investor presentation, Aug 28, 2025
Slide 1: FY25 Investor Presentation
FY25 Investor Presentation 28 August 2025 Scott Baldwin (Managing Director & CEO) Siva Subramani (CFO) 3 WWW.SOLVAR.COM.AU 1
Slide 2: Agenda
Agenda Highlights & Strategy Scott Baldwin Managing Director & FY25 Results Summary Chief Executive Officer Summary and Outlook Questions Solvar acknowledges the Traditional Custodians of the lands Siva Subramani across Australia and their enduring connection to Country, Chief Financial Officer Cult
Slide 3: Highlights & Strategy
Highlights & Strategy WWW.SOLVAR.COM.AU 3
Slide 4: Back to Growth – Built on Strength
Back to Growth – Built on Strength Growth initiatives Capital management Launch of Bennji Share buyback • Introduced a dedicated commercial • Completed repurchase of 14.3 million shares, finance platform positioned to capture representing 6.8% of the register, delivering immediate share in Australia
Slide 5: Highlights
Highlights Continuing Operations1 (Australia) Interest Income2 Loan Book Originations FY25 $ 180.3m $ 832.7m $ 389.1m Bennji launched dedicated commercial 1.4% increase on pcp 5.3% increase on pcp 2.5% decrease on pcp product offering in May 2025 Process simplification achieved through harmonisation
Slide 6: Highlights (cont.)
Highlights (cont.) Group Interest Income1 Loan Book Originations EPS (Normalised) Net Tangible Assets $207.4m $ 910.1m $ 390.8m 16.8cents 2 $ 1.62 6.1% decrease on pcp 2.2% decrease on pcp 8.6% decrease on pcp 21.2% increase on pcp 2.1% increase on pcp Bad Debt, net NPAT2 (Normalised) Cash Collectio
Slide 7: Operating Performance
Operating Performance
Slide 8: Commercial asset finance
Commercial asset finance • Purpose built leveraging the Group’s existing distribution network for small to medium business • Launched in May 2025 • Total addressable market is ~$22 billion • Average Loan Size of ~$60,000 • Financing commercial assets such as Utes, vans, light Craig Bowring commercia
Slide 9: Loan Book Metrics
Loan Book Metrics Double digit growth over last 5 years Australia - Loan Book Australia – Originations1 Title AUD m 19% CAGR AUD m 15% CAGR 500 1,000 450 833 399 389 791 800 400 362 114 711 206 97 194 101 543 171 300 94 600 247 443 114 196 26 400 351 59 597 626 337 540 200 302 288 268 384 429 221 35
Slide 10: Profitability Measures
Profitability Measures Growing income with stable bad debts ratio Australia – Interest income Australia – Bad debt Title AUD m Australia – Income 11% CAGR 250 6% 5.5% 200 178 180 5% 4.4% 4.1% 3.9% 4.1% 160 25 28 4% 3.4% 150 137 17 113 10 3% 105 100 3 153 152 2% 143 127 105 110 1% 50 0% 1 2 3 4 5 6 1
Slide 11: FY25 Results
FY25 Results
Slide 12: Australian Operations FY25
Australian Operations FY25 FY25 FY24 Growth % (Continuing Operations) Continuing Operations1 AUDm unless stated otherwise Australia Operations - Normalised NPAT of $32.0 million Interest income2 180.3 177.9 1.4% Interest expense 44.6 48.2 (7.3%) Improved credit quality driving a reduction in interes
Slide 13: Group FY25
Group FY25 FY25 FY25 FY24 Growth % Group Financial Results AUDm unless stated otherwise Normalised NPAT of $34.1 million Interest income1 207.4 220.7 (6.1%) Interest expense 52.1 59.6 (12.6%) Revenue growth driven by loan book growth in Australia, Net Interest Income (NII) 155.3 161.2 (3.6%) offsett
Slide 14: FY25 Results
FY25 Results Stable bad debts – Significant funding headroom – Stable credit quality Bad debt – By geography Australia - debt facilities Maintaining credit quality – Australia loan book AUD m 10% 914 1,000 1 55% 24% 17% 4% 0.4% 7.6% 7.9% 8% Headroom 800 285 6% 600 587 327 2 58% 24% 15% 4% 0.1% 4.4%
Slide 15: Regulatory Update
Regulatory Update Australian Securities and Commerce Commission of Investment Commission (ASIC) New Zealand • On 6 February 2025, the trial started in respect to the proceeding • In March 2024, the Commerce Commission commenced against Money3 proceedings making allegations that Go Car Finance contra
Slide 16: Outlook
Outlook WWW.SOLVAR.COM.AU 16
Slide 17: FY26 Outlook
FY26 Outlook Financial Operations Market • Loan book growth driven by new Bennji • Bennji business unit transitioning from • Rate cutting cycle expected to drive commercial loans setting the build to growth phase positive consumer sentiment foundation for future profit growth • Continual review of M
Slide 18: Thank you!
Thank you! CEO & Managing Director Chief Financial Officer Scott Baldwin Siva Subramani +61 3 7031 6019 +61 3 7031 6018 s.baldwin@solvar.com.au s.subramani@solvar.com.au WWW.SOLVAR.COM.AU 18
Slide 19: Product Overview
Product Overview Secured & unsecured consumer loans, typically Consumer and commercial secured lending, Product over 24-72 months typically over 48 – 72 months Secured commercial asset finance Loan Size Up to $100,000 Up to $130,000 Up to $500,000 Consumers seeking to upgrade their car, buy a lifest
Slide 20: Governance
Governance Environment Cyber Carbon Neutral FY23-24 ~3k trees Recycling ISO 27001 certification Third party SOC provides 24x7 status achieved planted & 3,000 programs in all detection and rapid response since 2022 tons of Co2 offset Solvar offices Social People Solvar committed Solvar supports chari
Slide 21: Portfolio of Assets Financed
Portfolio of Assets Financed 47,825 67 715 756 201 Cars Tractors Horse Floats Trailers Boats & Jet Skis 5,418 884 1,809 85 6 Utility Vehicles Caravans Motor Bikes Trucks Equipment WWW.SOLVAR.COM.AU 21
Slide 22: Corporate Information
Corporate Information ASX: Solvar Limited, SVR Capital Structure Shares on issue (26th August 2025) 194,058,224 Performance Rights (26th August 2025) 4,121,203 Closing share price $1.665 Market Capitalisation $324.1 million Board of Directors Stuart Robertson Chairman Craig Parker Non-Executive Dire
Slide 23: Glossary of Terms
Glossary of Terms A$ or AUD or $ - Australian dollars NED – Non-Executive Director ABS- Asset Backed Securitisaiton NPAT – Net Profit After Tax ASIC – Australian Securities and Investment Commission NII – Net Interest Income AFS – Automotive Financial Services business unit NIM – Net Interest Margin
Slide 24: Disclaimer
Disclaimer The content of this presentation has been prepared by Solvar Limited (the Company) for general information purposes only. Any information included in this presentation on future financial performance, including industry sectors, income, profit and employment types, represent estimates of