Wisr’s FY2025: Revenue Falls 2%, Losses Rise 11%, No Dividends Declared
Wisr Limited’s FY2025 results reveal a modest revenue decline alongside increased losses, with no dividends declared, highlighting ongoing challenges for the fintech lender.
- Revenue down 2% to AUD 91.57 million
- Loss from ordinary activities after tax up 11% to AUD 7.26 million
- Total loss increased by 5% to AUD 23.08 million
- No dividends declared or paid during the year
- Deregistration of several dormant subsidiaries completed
Financial Performance Overview
Wisr Limited, an Australian fintech lender focused on digital lending and financial wellness tools, has released its Preliminary Final Report for the fiscal year ended 30 June 2025. The company reported a slight 2% decrease in revenue to AUD 91.57 million, signaling a relatively stable top line amidst a competitive and evolving lending landscape.
However, the bottom line tells a more challenging story. Wisr’s loss from ordinary activities after tax widened by 11% to AUD 7.26 million, while the total loss attributable to members increased by 5% to AUD 23.08 million. These figures suggest that despite steady revenue, operational or financing costs may be exerting pressure on profitability.
Dividend and Corporate Structure Updates
Notably, Wisr did not declare or pay any dividends during the reporting period, continuing a trend from the previous year. This decision likely reflects the company’s focus on preserving capital amid ongoing losses and investment in growth initiatives.
In a move to streamline operations, Wisr Finance Pty Ltd, a wholly owned subsidiary, completed the deregistration of several dormant subsidiaries. These include Wisr Investment Management Pty Ltd, Wisr Loans Servicing Pty Ltd, Wisr Credit Management Pty Ltd, Wisr Marketplace Limited, Wisr Funding Pty Ltd, and Wisr Notes 1 Pty Ltd. This consolidation may help reduce administrative overhead and sharpen strategic focus.
Audit and Governance
The company’s financial statements were audited with an unqualified opinion, providing assurance on the accuracy and compliance of the reported figures. This transparency is crucial for investor confidence, especially as Wisr navigates a period of financial headwinds.
While the Preliminary Final Report offers key financial metrics, detailed commentary and strategic insights are available in the accompanying results announcement and investor presentation released separately. These documents will be essential for stakeholders seeking a deeper understanding of the drivers behind the results and the company’s outlook.
Bottom Line?
Wisr’s FY2025 results underscore the fintech’s balancing act between growth and profitability, setting the stage for critical strategic decisions ahead.
Questions in the middle?
- What operational factors contributed most to the increased losses despite stable revenue?
- How does Wisr plan to return to profitability and resume dividend payments?
- What impact will the deregistration of dormant subsidiaries have on future financial performance?
