- FY20 loan originations of $450.9 million, down 10.1% on FY19
- FY20 total revenue of $142.1 million, up 4.2%
- EBITDA loss of $19.5m (FY19: -$0.8m)
- EBITDA $4m, excluding Covid-19 provision, and a one-off loan receivable adjustment of $5.5m
- Total ANZ customers up 43.5% over 30 June 2019
- Customer repayments since June 30 better than expected
Prospa Group (ASX:PGL) has posted a net profit after tax (NPAT) loss of $24.9 million for FY20, 0.8% lower than 12 months ago.
The impact of covid-19 on the Sydney-based business lending fintech was clear in loan originations over the financial year.