ASA International Group (ASAI) Q3 2026 TU earnings summary

Executive summary

• Continuing-market Gross OLP reached USD 630.6m, up 20% YoY (24% in constant currency); ex-India clients reached 2.782m, up 9%.

• Management expects solid portfolio growth through the rest of 2026, citing resilient demand and strong contributions from Pakistan, Ghana, Kenya and Myanmar.

Financial highlights

• Ex-India Gross OLP rose 5% QoQ in USD (6% in constant currency) to USD 630.6m; total Gross OLP including India was USD 634.1m, up 14% YoY.

• Ex-India clients grew 2% QoQ to 2.782m; total clients including India reached 2.791m, up 4% YoY.

Outlook and guidance

• Management expects the portfolio to maintain solid growth through the remainder of 2026 and remains confident in sustainable, profitable growth opportunities.

• India exposure wind-down is targeted for completion by end-2026; the remaining 16 BC branches were expected to transfer out by end-October 2026.