Earnings release
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L : LATITUDE Latitude Group Holdings Limited ACN 604 747 391 Level 18 , 130 Lonsdale Street Melbourne VIC 3000 Latitudefinancial.com 21 August 2026 ASX ANNOUNCEMENT Latitude lifts first half profit by 39 % YoY as disciplined execution drives earnings growth Latitude Group Holdings Limited ( ASX : LFS ) today announced its results for the half year ended 30 June 2026 , delivering strong profit growth supported by higher receivables , margin expansion and disciplined cost management despite a more challenging operating environment . Cash NPAT increased 39 % YoY to $ 64.3 million . Statutory NPAT from continuing operations increased 37 % YoY to $ 54.4 million . The Board declared a fully franked interim dividend of 5.50 cents per share . 1H26 Business Highlights Total new credit card and new loan volumes increased 4 % YoY to $ 4.4 billion , reflecting continued demand for Latitude's products . Gross receivables also increased 4 % YoY to $ 7.3 billion , reaching their highest level in six years . Operating income increased 7 % YoY to $ 437.8 million , with operating margin expanding 20bps YoY to 12.2 % despite three Reserve Bank of Australia cash rate increases during the period . Risk - adjusted income increased 3 % YoY to $ 285.8 million , delivering strong risk- adjusted returns of 8.0 % despite persistent inflationary pressures impacting household budgets . Cash operating expenses decreased 2 % YoY to $ 181 million , improving cash cost- to - income ratio by 390bps to 41.3 % . Completed $ 2.3 billion of funding transactions and a $ 135 million Capital Notes 2 issuance ( including $ 64 million rollover from Capital Notes 1 ) , enhancing funding diversity , reinforcing balance sheet flexibility and supporting future growth . The new Enterprise Growth Division continued building momentum across the Health & Wellness and Home Improvement categories , securing Ashley & Martin as a new anchor partner . Continued deployment of artificial intelligence solutions across key business processes to improve customer experience , increase productivity and strengthen operating leverage .