Wisr delivers strong growth and upgrades its FY25 guidance

ASX-listed Wisr Limited have provided a market update for the quarter ending 31 March 2025 (Q3FY25).

Wisr delivered strong performance in Q3FY25, highlighted by continued momentum in loan originations, leading to a second consecutive quarter of loan book growth. Total loan originations increased by 115% to $111.0 million, up from $51.6 million in Q3FY24, supported by growth across both secured vehicle and personal loan products.

Wisr continued to prioritise the prime quality of its loan book, with average borrower credit scores increasing to 800 and portfolio yield expanding to 11.25% for the quarter.

Reflecting strong year-to-date performance, Wisr is upgrading its guidance to 90%+ loan origination growth in FY25 (up from 75%+).

Andrew Goodwin, Wisr’s Chief Executive Officer, said, “Our results this quarter highlight the strength of Wisr’s strategic pivot back to growth. With loan originations up 115% on Q3FY24 and the loan book increasing for a second consecutive quarter, we are pleased to upgrade our FY25 loan origination growth guidance to 90%+ (up from 75%+).

“This momentum reflects the positive impact of our investment in automation and technology-led processes, which have delivered efficiency and scalability across both our secured vehicle and personal loan products. At the same time, we’ve maintained a strong credit profile, with an average credit score of 800 and continued improvement in arrears.

“As we head into the final quarter of FY25, our priorities remain firmly centred on sustainable and disciplined loan book growth, risk-adjusted returns, and platform enhancement. We remain committed to supporting our customers and helping more Australians make smarter financial decisions,” concluded Goodwin.