ASX-listed Plenti Group Restricted have supplied its buying and selling replace for the quarter ended 31 March 2025 (4Q25).
Highlights embrace document quarterly mortgage originations of $407 million, up 42% on the prior corresponding interval (PCP) and up 6% on prior quarter, their mortgage portfolio elevated to $2.5 billion, up 19% on PCP and up 6% on prior quarter and quarterly income of $69.4 million, up 16% on PCP.
Commenting on the quarter, Adam Bennett, Plenti’s Chief Govt Officer stated, “This was one other excellent quarter for Plenti, with quarterly originations exceeding $400 million for the primary time, pushed by wonderful momentum from all three of our lending verticals.
“The document end result was notably spectacular on condition that lending was impacted by Cyclone Alfred for a part of March. Mixed with ongoing robust credit score efficiency and price self-discipline, it’s very pleasing to see our originations and mortgage guide momentum delivering a powerful improve in full 12 months Money NPAT to $13.8 million and setting us up effectively for continued revenue development in FY26.”
