Plenti Group (PLT) AGM 2026 presentation summary

Financial performance and growth

• Achieved cash profit before tax (PBT) of $30.8m, up 117% year-over-year, and cash NPAT of $27.3m, up 97% year-over-year.

• Loan originations reached $1.9bn, a 32% increase, and the closing loan portfolio grew to $3.1bn, up 22% year-over-year.

• Cost-to-net margin improved to 56.7%, down 7% year-over-year, and corporate debt was reduced by $12.5m.

• Achieved $3bn loan book goal two months ahead of target, fulfilling Horizon 1 strategic objective.

• Net losses remained low at 94bps, with closing 90+ arrears at 42bps.

Strategic direction and market opportunity

• Pursuing a breakout growth strategy across three horizons: optimizing current verticals, expanding into new products, and scaling into new opportunities.

• Targeting a mature steady-state loan portfolio exceeding $5bn, with $600m quarterly originations as a key milestone.

• Proprietary technology platform enables growth and diversification across automotive, renewable energy, and personal lending markets.

• Market share remains small in large addressable markets, with significant room for expansion.

• Diversified distribution channels and integrated credit decisioning support consistent, profitable growth.

Governance and board matters

• Board comprises a mix of independent and non-executive directors, with key executive roles clearly defined.

• Annual General Meeting included resolutions on remuneration, director elections, future securities issuance, and takeover provisions.

• All director elections and remuneration report received strong shareholder support, with over 98% approval for most resolutions.

• Approval granted for potential future equity issuance up to 10% of issued capital and renewal of proportional takeover provisions.