Plenti Group (PLT) Q3 2026 TU earnings summary

Executive summary

• Achieved fifth consecutive record quarter with $480 million in loan originations, up 25% year-over-year and 1% sequentially, despite fewer business days in the quarter.

• Loan portfolio reached $2.98 billion at December 2025, a 24% increase year-over-year and 5% above the prior quarter; surpassed $3 billion in January 2026, ahead of target.

• All three lending verticals—automotive, renewable energy, and personal loans—delivered strong and consistent growth compared to both the prior year and prior quarter.

Financial highlights

• Revenue for the quarter was $79.9 million, up 22% year-over-year, with a run-rate annual revenue of $320 million.

• Annualised net credit losses improved to 91 basis points, down from 103 basis points year-over-year and 94 basis points sequentially.

• 90+ day arrears remained low at 41 basis points, down from 47 basis points year-over-year.

Outlook and guidance

• FY26 objectives include maintaining strong loan portfolio growth, driving meaningful Cash NPAT growth in the second half, and achieving a cost to net margin below 57%.

• Already achieved the $3 billion loan portfolio target for FY26 ahead of schedule.