Professional
Added to YB: 2025-09-03
Pitch date: 2025-08-31
FSA.AX [neutral]
FSA Group Limited
+15.84%
current return
Author Info
Hurdle Rate is an Australian Unit Trust run by a CPA who shares global stock pitches on their website. Sign up for the newsletter.
Company Info
FSA Group Limited, together with its subsidiaries, provides payment arrangement and direct lending services to individuals and businesses in Australia.
Market Cap
AUD 135.0M
Pitch Price
AUD 1.10
Price Target
N/A
Dividend
6.48%
EV/EBITDA
N/A
P/E
12.47
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
Hurdle Rate Portfolio Holding: FSA Group Limited
FSA.AX (holding update): Loan pools +14% YoY, net finance income rose 47% to 49%, driving 23% operating income growth & 43% profit after tax increase. $250M ABS transaction hedges fixed-rate loans protecting margins. Elevated arrears from cost pressures increase provisions. Expects 30% profit growth by FY26, 7-8c dividend vs 8.7c EPS, targeting up to 11.2c EPS.
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