Pioneer Credit Ltd (PNC) AI Stock Analysis

• Market Cap: AU$100.96M
• Dividend Yield: N/A
• Average Volume (3M): 143.63K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 1.45
• Revenue Growth: -0.51%
• EPS Growth: N/A
• Country: AU
• Employees: 349
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 0.05
• Shares Outstanding: 160,721,340
• 10 Day Avg. Volume: 157,419
• 30 Day Avg. Volume: 143,634
• PEG Ratio: -0.05
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 203.93
• P/FCF Ratio: -5.84
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.97
• Price Target Upside: 49.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 58 Neutral
• Price Target: AU$0.50 ▼(-23.08% Downside)

Pioneer Credit Ltd's overall stock score is primarily impacted by its challenging financial performance, characterized by declining revenues and high leverage. While technical indicators show bullish momentum, the financial risks and moderate valuation temper the overall outlook.

Pioneer Credit Ltd Business Overview & Revenue Model

Company Description

Pioneer Credit Limited, together with its subsidiaries, provides financial services in Australia. It acquires and services retail debt portfolios. The company was incorporated in 2002 and is headquartered in Perth, Australia.

How the Company Makes Money

Pioneer Credit Ltd generates revenue through multiple channels, primarily by offering personal loans and consumer credit products to individuals. The company earns interest income from the loans it provides, which is a significant revenue stream. Additionally, PNC engages in debt recovery services, charging fees for recovering outstanding debts on behalf of clients. The company may also generate income from partnerships with financial institutions and service providers. These partnerships can enhance their service offerings and expand their customer reach, contributing to their overall earnings. Furthermore, PNC's revenue is supported by an emphasis on responsible lending practices, which helps maintain a stable repayment rate from borrowers.

Pioneer Credit Ltd Financial Statement Overview

Summary

Pioneer Credit Ltd is facing a challenging financial situation with significant revenue decline and high leverage. Despite positive net profit and EBIT margins, the negative gross profit margin and cash flow challenges highlight financial instability. Strategic improvements are needed for stability.

Income Statement

Pioneer Credit Ltd has experienced significant revenue decline, with a dramatic drop in revenue growth rate to -98.95% in the latest year. Despite this, the company managed to achieve a positive net profit margin of 18.16% and a strong EBIT margin of 121.11%. However, the negative gross profit margin indicates challenges in cost management.

Balance Sheet

The company exhibits high leverage with a debt-to-equity ratio of 5.03, indicating potential financial risk. Return on equity is modest at 0.11%, suggesting limited profitability relative to equity. The equity ratio stands at 15.59%, reflecting a low proportion of equity financing.

Cash Flow

Pioneer Credit Ltd faces cash flow challenges, with negative operating cash flow and free cash flow. The free cash flow to net income ratio is slightly above 1, indicating that free cash flow covers net income, but the negative growth in free cash flow (-42.22%) is concerning.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	58.86M	367.00K	65.74M	78.97M	53.66M	53.40M
Gross Profit	58.86M	-37.41M	65.74M	73.17M	48.15M	47.62M
EBITDA	41.66M	45.95M	13.45M	35.50M	8.93M	11.30M
Net Income	6.66M	6.66M	-10.04M	166.00K	-33.09M	-19.66M
Balance Sheet
Total Assets	388.58M	388.58M	367.94M	326.75M	339.45M	270.32M
Cash, Cash Equivalents and Short-Term Investments	120.28M	120.28M	118.21M	114.51M	119.37M	83.77M
Total Debt	304.56M	304.56M	293.35M	275.72M	266.71M	207.47M
Total Liabilities	328.00M	328.00M	323.74M	284.82M	298.38M	215.65M
Stockholders Equity	60.58M	60.58M	44.19M	41.93M	41.08M	54.67M
Cash Flow
Free Cash Flow	-12.64M	-12.81M	-29.54M	-20.44M	-47.57M	-18.45M
Operating Cash Flow	-12.59M	-12.59M	-28.83M	-19.96M	-46.76M	-17.02M
Investing Cash Flow	-217.00K	-217.00K	-707.00K	-478.00K	-812.00K	-28.96M
Financing Cash Flow	19.33M	12.22M	25.28M	5.78M	60.27M	15.51M

Pioneer Credit Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PNC, the sentiment is Neutral. The current price of 0.65 is above the 20-day moving average (MA) of 0.65, above the 50-day MA of 0.61, and above the 200-day MA of 0.52, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 52.56 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:PNC.

Pioneer Credit Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLT	―	AU$234.15M	9.30	71.90%	―	22.94%	―
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CCP	―	€989.01M	10.51	11.07%	4.62%	5.01%	85.56%
PNC	―	AU$100.96M	14.73	12.72%	―	-0.51%	―
BTN	―	AU$36.09M	-10.00	-26.29%	―	8.28%	84.45%
WZR	―	AU$45.04M	―	-19.44%	―	-2.35%	13.33%
MME	―	AU$84.01M	-1.26	-42.59%	―	-9.56%	-392.31%

Pioneer Credit Ltd Corporate Events

Pioneer Credit Announces Performance Rights Vesting and Strategic Financial Goals

Pioneer Credit Limited announced the vesting of 100,000 Performance Rights into fully paid ordinary shares, with stringent conditions leading to the lapse of 342,974 Rights. No new shares were issued for this vesting, as Pacific Custodians Pty Ltd acquires shares on the market to satisfy the vesting under the Pioneer Equity Incentive Plan. The company aims for further vesting of 7,034,266 Rights contingent on achieving a statutory net profit after tax of $18 million for FY26, highlighting its strategic focus on financial growth and operational efficiency.

The most recent analyst rating on (AU:PNC) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Pioneer Credit Ltd stock, see the AU:PNC Stock Forecast page.