ASX-listed Wisr delivered a strong start to FY26, reporting loan book growth of 15% year-on-year and a marked improvement in credit performance for the quarter ended 30 September 2025.
The company’s loan book rose to $867.6 million, up from $753.3 million in Q1FY25, with 12% of total growth generated in the past six months. Revenue climbed 11% to $25 million, supported by rising demand across both personal and secured vehicle loans.
The result builds on earlier funding initiatives, including Wisr’s $250 million asset-backed securities (ABS) transaction arranged by NAB, which reduced funding costs and expanded lending capacity. The AAA-rated deal brought total securitisation issuance to $1.1 billion and followed a profitable FY25 turnaround, helping position the lender for sustained growth.
“We are very pleased to deliver another strong quarter, extending the positive momentum from FY25 into the start of FY26,” Wisr CEO Andrew Goodwin (pictured) said in a media release. “Our loan book increased to $867.6 million, up 15% on the prior year, underpinned by robust growth across both personal and secured vehicle loan products.
“Revenue for the quarter increased to $25 million, an 11% uplift on the prior corresponding period, driven by our expanding loan book and disciplined portfolio management.”
Wisr recorded loan originations of $146.8 million, up 90% on Q1FY25 and 5% higher than the previous quarter.
Credit quality also strengthened. Arrears (90+ days) improved 26 basis points to 1.14%, while net losses fell 43 basis points to 1.63%, reflecting the success of Wisr’s credit controls and arrears management.
“Credit performance also continued to improve, with 90+ day arrears decreasing 26 basis points to 1.14% and net losses reducing 43 basis points to 1.63%,” Goodwin said. “These results reflect the ongoing benefits of our enhanced arrears management framework and disciplined approach to credit quality.”
Wisr launched several initiatives to improve broker and customer experience, including:
Since inception, Wisr customers have made $62.2 million in extra repayments and $11.5 million in round-ups, reinforcing the company’s commitment to financial wellbeing.
Wisr reaffirmed its FY26 guidance, noting October originations are tracking ahead of the prior quarter.
“These results demonstrate the scalability of Wisr’s operating model and the benefits of our technology-led lending platform,” Goodwin said.
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