Plenti announces record quarterly loan originations in excess of $383 million

ASX-listed Plenti Group Limited have provided a trading update for the quarter ended 31 December 2024 (3Q25).

Plenti have achieved an all time record quarterly loan originations of $383.3 million, 32% above the previous corresponding period (PCP) and 19% above prior quarter, with strong growth across all lending verticals

Plent’s loan portfolio has increased to $2.4 billion, 16% above PCP and 5% above prior quarter.

In addition to those achievements, Plenti’s quarterly revenue reached $65.7 million, 21% above PCP, driven by loan portfolio growth and increased customer interest rates.

Commenting on the quarter, Adam Bennett (pictured), Plenti’s Chief Executive Officer said, “Plenti delivered an outstanding quarter, achieving record originations and strong growth in all verticals. The result reflected effective execution across all parts of the business as well as the benefits of our technology-based partnerships. We were also delighted with the strong credit results, reflecting the prime nature of Plenti’s loan portfolio. This was an exceptional quarter and pleasingly we continue to see momentum in profitability as the business scales.

“Looking ahead, we remain very focused on growth in our core business and complementing this with our NAB partnership, where several important developments are planned for the months ahead as we start to ramp up volume.”