Wisr Ltd. (WZR) AI Stock Analysis

• Market Cap: AU$38.75M
• Dividend Yield: N/A
• Average Volume (3M): 1.32M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: -2.35%
• EPS Growth: 13.33%
• Country: AU
• Employees: 52
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 0.00
• Shares Outstanding: 1,761,499,500
• 10 Day Avg. Volume: 1,105,412
• 30 Day Avg. Volume: 1,323,966
• PEG Ratio: 0.37
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 22.84
• P/FCF Ratio: 3.12
• 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$0.06
• Price Target Upside: 200.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): >-0.01
• Revenue Forecast (FY): AU$108.15M

• Rating: 44 Neutral
• Price Target: AU$0.02 ▲(5.00% Upside)
• Action: Reiterated Date: 03/20/26
• Date: Action: Reiterated 03/20/26

The score is primarily constrained by weak financial performance (sharp revenue decline, ongoing losses, high leverage, and weak free cash flow trends). Technicals also point to downside pressure with bearish moving-average alignment and negative MACD. Valuation provides limited offset due to a negative P/E and no dividend yield data.

Positive Factors

Fintech consumer-lending + marketplace model

Wisr's dual model—direct consumer lending plus an online marketplace—provides structural revenue diversification (interest income and fee income). The platform can scale transaction volumes without proportionate balance-sheet expansion when third-party funding is used, supporting durable revenue streams if origination activity recovers.

Positive operating cash conversion

A positive operating cash flow to net income ratio signals that core operations are generating cash despite reported losses. Over the medium term this improves liquidity management, supports servicing of financing arrangements, and reduces dependence on immediate external capital if conversion is maintained or improved.

Lean headcount supporting low fixed costs

A small, lean workforce indicates a low fixed-cost base relative to peers, which can enhance operational flexibility. For a digital-first fintech, this supports scalable unit economics and faster path to breakeven as originations or marketplace volumes grow, preserving margin upside as revenue normalizes.

Negative Factors

Sharp revenue collapse

A near-total revenue decline undermines the company's core ability to generate interest and fee income and erodes operating leverage. Such a structural drop reduces scale, weakens marketplace liquidity, and makes sustaining fixed costs, funding lines and product investment materially harder over the medium term.

High leverage and low equity

Significant leverage with a thin equity base increases vulnerability to funding shocks and interest-cost volatility. Combined with ongoing losses, high debt limits strategic flexibility, raises refinancing risk for warehouse/funding facilities, and constrains the company's ability to sustain origination volumes during downturns.

Negative and inconsistent free cash flow

Persistent negative or inconsistent free cash flow restricts reinvestment in technology, marketing and credit acquisition, and forces reliance on external funding. Over months this pressure can limit loan-origination capacity, raise funding costs, and increase dilution or leverage risk if profitability isn't restored.

Wisr Ltd. Business Overview & Revenue Model

Company Description

Wisr Limited engages in the lending business in Australia. The company provides personal and secured vehicle loans for 3, 5, and 7-year maturities to consumers, and funds loans through the warehouse funding structures and retail borrowers. Wisr Limited was incorporated in 1966 and is based in The Rocks, Australia.

How the Company Makes Money

Wisr primarily generates revenue from its consumer lending and loan marketplace activities. This typically includes (1) interest income and/or net interest margin on loans it funds or holds (where Wisr is the lender or retains credit exposure), and (2) fee income associated with originating and servicing loans arranged through its platform (such as origination, referral/arrangement, and ongoing servicing fees) when loans are funded by third parties. Revenue can also be influenced by its funding arrangements (e.g., warehouse facilities and other funding partners) and the volume/quality of loans originated, as these drive both loan balances (for interest-based earnings) and transaction throughput (for fee-based earnings). Specific breakdowns of revenue streams, named partners, or current contractual terms: null.

Wisr Ltd. Financial Statement Overview

Summary

Financial health is weak: revenue contracted sharply (-97.31%), profitability metrics remain negative (net profit and EBIT margins), leverage is high with low equity support, and free cash flow growth is negative despite some improvement in operating cash flow.

Income Statement

Wisr Ltd. has experienced a significant decline in revenue, with a revenue growth rate of -97.31% in the latest period. The company is struggling with profitability, as indicated by negative net profit margins and EBIT margins over the years. Despite some improvement in EBITDA margin, the overall income statement reflects challenges in generating consistent revenue and profit growth.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which poses a risk to financial stability. The equity ratio is low, reflecting limited shareholder equity relative to total assets. Return on equity remains negative, highlighting ongoing profitability challenges. Overall, the balance sheet suggests financial vulnerability due to high leverage and low equity.

Cash Flow

Wisr Ltd. has shown some improvement in operating cash flow, but free cash flow growth is negative, indicating challenges in generating cash from operations. The operating cash flow to net income ratio is positive, suggesting some ability to convert income into cash, but the overall cash flow position remains weak due to inconsistent free cash flow performance.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	64.16M	1.58M	92.12M	91.86M	59.39M	27.23M
Gross Profit	51.42M	-54.18M	71.27M	64.32M	34.88M	9.43M
EBITDA	55.16M	50.25M	47.18M	33.88M	-219.64K	-9.81M
Net Income	-8.99M	-7.26M	-8.19M	-13.15M	-19.90M	-17.64M
Balance Sheet
Total Assets	1.02B	871.41M	838.47M	1.00B	868.07M	471.43M
Cash, Cash Equivalents and Short-Term Investments	75.51M	43.85M	62.36M	53.58M	71.52M	92.51M
Total Debt	972.89M	837.53M	787.83M	931.50M	783.49M	394.36M
Total Liabilities	976.80M	844.69M	790.48M	934.07M	790.23M	399.18M
Stockholders Equity	42.07M	26.72M	47.99M	68.01M	77.85M	72.26M
Cash Flow
Free Cash Flow	10.72M	11.54M	17.90M	1.94M	-5.25M	-8.29M
Operating Cash Flow	10.92M	13.69M	17.94M	6.25M	-2.58M	-7.98M
Investing Cash Flow	-193.33M	-75.51M	137.49M	-168.67M	-406.36M	-294.36M
Financing Cash Flow	206.00M	43.10M	-146.64M	144.51M	388.01M	356.78M

Wisr Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WZR, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.82 is Neutral, neither overbought nor oversold. The STOCH value of -83.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WZR.

Wisr Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
EPY	65 Neutral	AU$42.74M	-179.71	3.91%	4.27%	-6.67%	22.09%
PLT	64 Neutral	AU$136.66M	6.29	72.15%	―	19.38%	―
HMY	58 Neutral	AU$79.08M	3.91	15.56%	―	7.92%	―
PNC	52 Neutral	AU$100.17M	2.59	23.10%	―	-0.51%	―
WZR	44 Neutral	AU$38.75M	-2.58	-19.44%	―	-2.35%	13.33%
BTN	40 Underperform	AU$15.30M	-3.94	-36.66%	―	8.28%	84.45%

Wisr Ltd. Corporate Events

Wisr Issues New Shares Under Disclosure Exemption While Affirming Compliance

Wisr Limited has issued 2,933,918 fully paid ordinary shares without a prospectus, relying on provisions of the Corporations Act that allow such issuance without formal disclosure. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information that would affect the market, signalling the share issue should integrate smoothly into its existing capital structure without undisclosed risks for investors.

The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.

Wisr Seeks ASX Quotation for Nearly 2.9 Million New Shares

Wisr Ltd has applied for quotation on the ASX of 2,933,918 new fully paid ordinary shares, which were issued on 11 March 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share base and may modestly impact its capital structure and liquidity for investors.

The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.

Wisr Swings to Profit on Higher Revenue but Holds Back Dividends

Wisr Limited reported a 14% increase in revenue from ordinary activities to A$51.5 million for the half-year ended 31 December 2025, reflecting continued growth in its lending operations. Net tangible assets per share declined to 1.81 cents from 2.11 cents, indicating some balance sheet pressure despite improving operating metrics.

The company swung to a profit attributable to members of A$4.7 million after a prior-period loss, supported by a 64% improvement in profit from ordinary activities after tax and a 142% movement in overall profit performance. Directors have elected not to declare a dividend for the period, signaling an ongoing priority to retain capital within the business as it pursues further operational and growth initiatives.

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.

Wisr Accelerates Loan Growth and Improves Credit Performance as Profitability Nears

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.

Wisr Sets Date for Q2FY26 Market Update and Investor Call

Wisr Limited has announced it will release its market update for the quarter ended 31 December 2025 on 29 January 2026, accompanied by an investor webcast hosted by its chief executive and chief financial officer. The scheduled briefing signals the company’s intention to actively engage with shareholders on recent operating performance and strategic progress, with presentation materials to be made available to the market ahead of the call, offering investors timely insight into Wisr’s current trajectory within Australia’s competitive fintech lending sector.

The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.

Wisr Cancels Nearly 495,000 Unvested Performance Rights

Wisr Limited has announced the lapse of a total of 494,910 performance rights after the conditions attached to these rights were not satisfied or became incapable of being satisfied, leading to their cessation in October 2025. The cancellation of these performance rights slightly reduces Wisr’s potential future share dilution and may reflect performance or vesting hurdles not being met, with implications for the company’s capital structure and the incentives held by eligible employees or executives.

The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.

Wisr Issues 61 Million Unquoted Performance Rights Under Employee Incentive Scheme

Wisr Limited has notified the market of the issue of 61,012,269 unquoted performance rights under its employee incentive scheme, effective 24 December 2025. The large grant of performance rights, which are not intended to be quoted on the ASX, underscores the company’s continued reliance on equity incentives to attract, retain and motivate staff, with potential implications for future dilution of existing shareholders as these rights vest and convert into equity over time.

The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.