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Beforepay Doubles Profit and Advances, Boosts AI Lending Partnerships

8:35am on Wednesday 22nd of October, 2025 AEDT Financial Services
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Beforepay Doubles Profit and Advances, Boosts AI Lending Partnerships

8:35am on Wednesday 22nd of October, 2025 AEDT
Key Points
  • Record Q1 FY26 net profit before tax of $3.4 million, up 98% year-on-year
  • Advances increased 19% to $226.4 million with average advance size rising 15%
  • Revenue grew 20% to $11.3 million supported by higher advance volumes
  • Operating expenses fell 12% quarter-on-quarter due to cost discipline
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