Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Wisr Ltd. ( (AU:WZR) ) is now available.
Wisr reported a strong second quarter of FY26, with its loan book expanding 23% year-on-year to $928.5 million and revenue rising 16% to $26.5 million, driven by a 76% jump in loan originations to $164.2 million across both personal and secured vehicle loans. Credit quality and loan book performance materially improved, with higher average borrower credit scores, lower 90+ day arrears and reduced net losses, while recent capital management initiatives—including a $10.6 million equity raise largely used to pay down corporate debt and a refinancing that cut interest margins—have strengthened the balance sheet and supported a pathway to profitability, including upgraded expectations for achieving positive cash NPAT in the second half of FY26 despite some short-term pressure on net interest margins from warehouse funding costs.
The most recent analyst rating on (AU:WZR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.
More about Wisr Ltd.
Wisr Ltd is an Australian non-bank lender listed on the ASX that focuses on personal and secured vehicle loans. The company targets prime-quality borrowers, as reflected in its high average credit scores, and funds its growing loan book through warehouse facilities, asset-backed securities transactions and a corporate debt facility, positioning itself as a tech-enabled, consumer-focused finance provider in the Australian lending market.
Average Trading Volume: 1,964,509
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$49.24M
Learn more about WZR stock on TipRanks’ Stock Analysis page.