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Beforepay Grows Advances 17% but Profit Slumps on Holiday Defaults and Investments
8:35am on Wednesday 28th of January, 2026 AEDT
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Financial Services
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Beforepay Grows Advances 17% but Profit Slumps on Holiday Defaults and Investments
8:35am on Wednesday 28th of January, 2026 AEDT
Key Points
Advances increased 17% year-on-year to $240 million
Revenue rose 18% to $12 million driven by higher advance volumes
Net profit before tax dropped to $0.3 million from $3.4 million last quarter
Operating expenses up 11% due to investments in Carrington Labs and personal loans
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BEFOREPAY (ASX:B4P)
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