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Credit Corp's interim profit held steady at $44.1 million in early 2025/26, buoyed by new debt acquisitions and ongoing expansion.
Credit Corp posted a flat interim profit of $44.1 million for the first half of 2025/26, unchanged from the same period last year, despite lower earnings in Australia and New Zealand due to lenders pausing debt portfolio sales.
The company acquired several debt portfolios, including a large credit card book, in December and January, expecting stronger collections and improved earnings in the second half.
It continues to expand through its Wallet Wizard and Wizit businesses, which offer small loans and interest-free credit.
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El beneficio interino de Credit Corp se mantuvo estable en $ 44.1 millones a principios de 2025/26, impulsado por nuevas adquisiciones de deuda y la expansión en curso.