Latest Pioneer Credit (Asx:Pnc) News

Pioneer Credit has secured a further 15 basis point reduction on its $272.5 million senior finance facility, lowering its funding costs and reinforcing its commitment to sustainable business practices.

Pioneer Credit reveals a strategic margin reduction and increased debt portfolio investments in its FY26 outlook, targeting sustainable growth and a statutory NPAT above $18 million.

Pioneer Credit has successfully negotiated a 100 basis point margin reduction on its $272.5 million senior finance facility, significantly lowering its borrowing costs and reaffirming strong profit guidance for FY26.

Pioneer Credit Limited has reported a robust FY2025 with net profit after tax of $10.5 million, beating guidance by 17%, underpinned by refinancing savings and portfolio growth. The company sets an ambitious FY2026 NPAT target above $18 million, reinforcing its market leadership.

Pioneer Credit has posted a remarkable turnaround in FY25, with EBIT soaring 517% and securing exclusive partnerships with all Big Four banks, setting the stage for sustained growth.

Pioneer Credit Limited has reported a significant turnaround in FY25, posting a net profit after tax of $6.7 million compared to a loss of $10 million the previous year, supported by improved operational efficiency and strengthened debt facilities.