Beforepay Posts Record Revenue As Quarterly Cash Profit Jumps 58%
Closing price · 2026-10-26: $1.38 · +6.54%
Beforepay Group reported record quarterly revenue of $17 million, up 45% year on year, and cash net profit after tax of $6 million, up 58% from a year earlier but down 15% on the previous quarter. Total advances rose 17% year on year to approximately $265 million, while net bad debts increased to 1.41% from 0.87% a year earlier; the company said revenue growth meaningfully outpaced the rise in credit losses. The company said its new debt facility is beginning to lower funding costs and provide additional capacity for personal-loan growth.