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Wisr Accelerates Loan Originations 77% in Q2FY25 Amid Credit Quality Gains
8:22am on Thursday 30th of January, 2025 AEDT
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Financial Services
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Wisr Accelerates Loan Originations 77% in Q2FY25 Amid Credit Quality Gains
8:22am on Thursday 30th of January, 2025 AEDT
Key Points
Loan originations increased 77% to $93.5 million in Q2FY25
Portfolio yield rose to 11.20%, net interest margin improved to 5.93%
Average credit score of loan book increased to 798
Net losses declined to 1.72%, 90+ day arrears stable at 1.55%
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