Plenti exceeds $400 million in quarterly loan originations

ASX-listed Plenti Group Limited have provided its trading update for the quarter ended 31 March 2025 (4Q25).

Highlights include record quarterly loan originations of $407 million, up 42% on the prior corresponding period (PCP) and up 6% on prior quarter, their loan portfolio increased to $2.5 billion, up 19% on PCP and up 6% on prior quarter and quarterly revenue of $69.4 million, up 16% on PCP.

Commenting on the quarter, Adam Bennett, Plenti’s Chief Executive Officer said, “This was another outstanding quarter for Plenti, with quarterly originations exceeding $400 million for the first time, driven by excellent momentum from all three of our lending verticals.

“The record result was particularly impressive given that lending was impacted by Cyclone Alfred for part of March. Combined with ongoing strong credit performance and cost discipline, it’s very pleasing to see our originations and loan book momentum delivering a strong increase in full year Cash NPAT to $13.8 million and setting us up well for continued profit growth in FY26.”