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How Did Pioneer Credit Achieve a 503% Profit Surge Despite Flat Revenue?
8:32am on Wednesday 18th of February, 2026 AEDT
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Financial Services
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How Did Pioneer Credit Achieve a 503% Profit Surge Despite Flat Revenue?
8:32am on Wednesday 18th of February, 2026 AEDT
Key Points
Net profit after tax jumps 503% to $10.2 million
Revenue marginally down 0.1% to $47.7 million
Margin reductions on senior debt facilities lower finance expenses
Net assets increase to $70.6 million, strengthening balance sheet
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PIONEER CREDIT (ASX:PNC)
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