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The latest announcement is out from Beforepay Group Limited ( (AU:B4P) ).
Beforepay Group Limited reported Q2 FY26 net profit before tax of $0.3 million, sharply lower than the prior quarter, as higher holiday-season defaults and increased investment in Carrington Labs and its personal lending product weighed on earnings. Quarterly advances rose 17% year-on-year to $240 million, driven by an 18% increase in average advance size to $470, supporting an 18% rise in revenue to $12 million and a 22% increase in net transaction margin to $5.9 million, even as net defaults ticked up to 1.85% and operating expenses climbed 11% quarter-on-quarter to $5.2 million. Active users were broadly flat at around 276,600 as the group focused on acquiring higher-value customers, while total cash eased to $17.5 million due to growth in the gross loan book, leaving the balance sheet with equity of $43.9 million. Carrington Labs broadened its client base with new agreements with Flexcar and Sea.Dev and enhanced its offering with a Model Context Protocol server for compliant AI lending workflows, while the personal loans portfolio continued to scale to 2,415 loans totaling $6.8 million, positioning the company for margin improvement as seasonal default rates normalise.
The most recent analyst rating on (AU:B4P) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.
More about Beforepay Group Limited
Beforepay Group Limited is an Australian fintech company listed on the ASX that offers wage-advance and related lending products, along with a growing personal loans business. Through its Carrington Labs unit, the company also provides AI-driven credit and lending technology solutions to partners, targeting higher-value, lower-risk customers and expanding its footprint in digital financial services.
Average Trading Volume: 69,893
Technical Sentiment Signal: Buy
Current Market Cap: A$103.6M
Find detailed analytics on B4P stock on TipRanks’ Stock Analysis page.