Earnings release
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Plenti 12 OCTOBER 2021 ASX RELEASE Plenti delivers 140 % year - on - year growth , brings forward profitability Plenti Group Limited ( Plenti ) is pleased to provide a trading update for the quarter ended 30 September 2021 ( Q2 FY22 ) . Highlights • • • • • • • Record quarterly loan originations of $ 256.4 million , 140 % above prior corresponding period ( PCP ) and 18 % above prior quarter Record monthly loan originations of $ 95.5 million in September , 159 % above September 2020 , which at that time represented a record month for loan originations H1 FY22 loan originations of $ 473 million , 183 % above PCP and 56 % above prior half Loan portfolio increased to $ 915 million , 110 % above PCP and 21 % above prior quarter Inaugural asset - backed securities $ 306.3 million transaction completed , significantly reducing funding costs Exceptional credit performance maintained with 90+ day arrears at 26 basis points Financial priorities of $ 1 billion loan book and monthly Cash NPAT profitability target dates brought forward to the current quarter ending 31 December 2021 Quarterly loan originations ( $ m ) Loan portfolio ( $ m ) 250 200 150 100 09 60 50 131 131 107 172 256 900 800 216 700 600 508 500 435 385 400 300 200 100 615 757 915 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Jun 2020 Sept Dec Mar 2020 2020 2021 June Sept 2021 2021 Plenti Group Limited ABN 11 643 435 492