International Personal Finance plc (IPF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everybody and welcome to our results presentation for 2025. Now this morning, Gary Thompson, our CFO and I will be very happy to talk you through what has been another successful year for our business. I do want to acknowledge, however, that this is an unusual set of results in that we have in the background the base point bid for IPF. However, today's presentation is all about those results, not about the bid. So what we're going to do is we're going to go through the results as normal, and then we're going to follow on from there. And if we're allowed to answer questions at the end, we will, but we'll have to take advice on that. So with that, let's get started. Now, as usual, I'm going to deal with the results at a very high level, and then I'm going to talk about our strategy and how that is delivering for us really, really well and consistently. I'm then going to talk a little bit about regulation, something we haven't done for a while, and I'll also touch on the security situation in Mexico. After that, I'm going to hand off to Gary, and Gary's going to take us through the divisional results in a detailed way and talk about how each of our divisions has performed over the past 12 months. He'll also deal with the balance sheet, look at how the portfolio is performing, and how we finance the balance sheet, and also dealing with the capital side of things. I'll then pick up at the end, and I'm going to do some closing remarks. Now, as always, we have plenty of time at the end for Q&A. And just on Q&A, somewhere on your screen, there should be a dialogue box that at any stage during this discussion, you can type in your questions. And at the end, Rachel is going to pick all of those up and put those to Gary and myself to answer for you. Overall, I thin...