Pioneer Credit Limited
PNC.ASXFinancials
Diversified Financial Services
Market Data
$0.640
+0.0%$98.0M
6.9x
$0.088
0.00%
+0.0%
Latest Earnings
Appendix 4D and Half-Year Report
18 February 2026
Pioneer Credit delivered strong performance for 1HY26 with net profit after tax surging 503% to $10.2 million from $1.7 million in the prior corresponding period. Revenue held steady at $47.9 million while significant cost reductions in finance expenses ($6.9 million decline) drove the improved profitability, with net assets strengthening to $70.6 million. Key points: Net profit after tax increased 503% to $10.2 million driven by cost reductions and operational efficiency; Finance expenses declined significantly by $6.9 million due to 100bps margin reduction on syndicated debt facilities; Net assets strengthened to $70.6 million from $60.6 million, improving capital position
Recent Announcements
Media Release - Equity Placement and Outlook
Pioneer Credit Limited (ASX: PNC) announced record FY26 results with NPAT of $23.2m (up 248%) and is raising $17m through an institutional placement of ~28.3m shares at $0.60 per share to fund additional Purchased Debt Portfolio investments and support FY27 growth guidance of $100-110m PDP investment.
FY26 NPAT Guidance increased to at least $23m
Pioneer Credit Limited (ASX: PNC) increased its FY26 NPAT guidance to at least $23m (28% increase from original guidance) following the repricing of its $55.5m Medium Term Notes and $272.5m Senior Finance Facility, which will deliver approximately $4.63m in annualized cash interest savings from FY27 onwards.
Appendix 4D and Half-Year Report
Pioneer Credit delivered strong performance for 1HY26 with net profit after tax surging 503% to $10.2 million from $1.7 million in the prior corresponding period. Revenue held steady at $47.9 million while significant cost reductions in finance expenses ($6.9 million decline) drove the improved profitability, with net assets strengthening to $70.6 million. Key points: Net profit after tax increased 503% to $10.2 million driven by cost reductions and operational efficiency; Finance expenses declined significantly by $6.9 million due to 100bps margin reduction on syndicated debt facilities; Net assets strengthened to $70.6 million from $60.6 million, improving capital position
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