COMPANY UPDATE

Q3FY22

26 April 2022

WISR HAS A UNIQUE AND DIFFERENTIATED STRATEGY

Our tech, data, analytics and high-performance culture are genuine competitive advantages.

DIGITAL LENDING PLATFORM

FOR YOUR SMART PART

WISR'S UNIQUE COMPETITIVE ADVANTAGE

FINANCIAL WELLNESS PLATFORM

Loan Origination in Q3FY22 was a record $158M (up 63% pcp), delivering:

  • ● Over $1B loans written ($1.036B) since inception (4.5 years)

  • ● 23 consecutive quarters of new loan origination growth

  • ● Q3FY22 Revenue of $15.5M (up 106% pcp)

  • ● Second positive operating cash-flow quarter (Q3FY22)

  • ● Loan originations exit run rate of $632M per annum

Significant room for growth is evident in the current business:

  • ● With more room to win in competitive channels

  • ● Our ability to further optimise risk for more growth and profitability

The success of the Financial Wellness Platform can be leveraged, in-line with our existing budget for this strategy:

  • ● The data is highly valuable

  • ● It is delivering tangible benefits for customers that engage with it

  • ● It is already providing a significant ROI for us and setting us up for larger opportunities

  • ● Demonstrated effectiveness of the Wisr Financial Wellness Platform as our most cost effective channel

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WISR'S LENDING PLATFORM IS DELIVERING STRONG RESULTS

Wisr loan origination growth

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Wisr loan book growth^

STRONG REVENUE GROWTH

Revenue growth is up 106% in Q3FY22 ($15.5M) vs Q3FY21 ($7.5M)

FOR YOUR SMART PART

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Wisr quarterly revenue growth

OUR GROWTH IS BUILT ON CONTINUED HIGH CREDIT QUALITY

Strong credit quality achieved over 23 consecutive quarters of growth, with consistent on-balance sheet 90+ day arrears and noticeable improvements to average credit scores.

Wisr Loan Customer Average Credit Score

^Q4FY21, Q1FY22 and Q2FY22 have been reclassified to on-balance sheet portfolio arrears, previously reported figures included off-balance sheet.

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WISR Limited published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 23:49:10 UTC.