Humm Group (HUM) investor relations material

Executive summary

• Statutory profit after tax reached $39.6M, with refined cash profit after tax at $52.9M, up 56.5% year-over-year.

• Assets under management grew to a record $5.5B, up 9.6% year-over-year.

• Cost to income ratio improved to 51.7%, an 11.2% reduction from the previous year.

• Fully franked dividend of $2 per share declared for FY25, consistent with FY24.

• Cash earnings per share was $0.012, and return on cash equity was 10%.

Financial highlights

• Net operating income increased 6.2% to $330.5M.

• Net interest income rose 5.2% year-over-year to $264.5M.

• Operating expenses fell 5.7% to $170.9M, driving improved efficiency.

• Underlying cash flow was $41.9M, stable year-over-year.

• Net credit losses to ANR remained at 1.7%, with improved consumer credit offset by higher commercial losses.

Outlook and guidance

• Expect softer volumes in FY26, especially in AU, due to credit process refinements and new regulations.

• Commercial losses anticipated to remain elevated in H1 FY26, normalizing in H2.

• Continued focus on cost management and sub-50% cost to income ratio.

• Ongoing investment in technology and automation to enhance platform resilience and customer experience.

• Emphasis on restoring volume in the Australian consumer segment.