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Beforepay Posts Record Q3 Profit as Advances and AI Partnerships Accelerate
6:24am on Monday 2nd of June, 2025 AEST
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Financial Services
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Beforepay Posts Record Q3 Profit as Advances and AI Partnerships Accelerate
6:24am on Monday 2nd of June, 2025 AEST
Key Points
Net profit before tax of $1.1 million, over three times Q3 FY24
Record EBITDA of $2.7 million driven by advances growth and credit improvements
Advances increased 16% year-on-year to $200.6 million with lower net defaults
Carrington Labs expands US fintech partnership with LendAPI
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Beforepay (ASX:B4P)
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