Pepper Money Income Statement

Financials in millions AUD. Fiscal year is January - December.

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	1,276	1,436	1,402	955.4	690.3
Total Interest Expense	962.5	1,124	1,066	579.8	334
Net Interest Income	313.1	312.2	336.1	375.6	356.3
Commissions and Fees	68	65.6	72.2	71	59.9
Gain (Loss) on Sale of Loans & Receivables	66	42.8	11.9	8.2	9.5
Other Revenue	40	35.6	37.4	29.1	11.6
Revenue Before Loan Losses	487.1	456.2	457.6	483.9	437.3
Provision for Loan Losses	90.6	69.3	39.9	33.3	24.6
Revenue	396.5	386.9	417.7	450.6	412.7
Revenue Growth (YoY)	2.48%	-7.37%	-7.30%	9.18%	18.08%
Salaries & Employee Benefits	132.1	126.3	128.6	113.9	98.3
Cost of Services Provided	94.1	85.9	109.9	107.8	99.2
Other Operating Expenses	3.9	4.1	3.8	4.7	4.6
Total Operating Expenses	246.5	235.7	264.2	246.8	226.6
Operating Income	150	151.2	153.5	203.8	186.1
EBT Excluding Unusual Items	150	151.2	153.5	203.8	186.1
Gain (Loss) on Sale of Investments	-3.5	-3.9	-0.5	-2.1	0.2
Impairment of Goodwill	-	-7.4	-4.3	-	-
Pretax Income	146.5	139.9	148.7	201.7	186.3
Income Tax Expense	41.9	41.7	40	61.2	55.6
Earnings From Continuing Ops.	104.6	98.2	108.7	140.5	130.7
Earnings From Discontinued Ops.	-	-	-	-	182.2
Net Income to Company	104.6	98.2	108.7	140.5	312.9
Minority Interest in Earnings	-	0.6	2	0.5	-
Net Income	104.6	98.8	110.7	141	312.9
Net Income to Common	104.6	98.8	110.7	141	312.9
Net Income Growth	5.87%	-10.75%	-21.49%	-54.94%	-
Shares Outstanding (Basic)	443	441	440	440	359
Shares Outstanding (Diluted)	462	460	456	448	364
Shares Change (YoY)	0.39%	0.94%	1.70%	23.25%	44.42%
EPS (Basic)	0.24	0.22	0.25	0.32	0.87
EPS (Diluted)	0.23	0.21	0.24	0.31	0.86
EPS Growth	5.43%	-11.58%	-22.54%	-63.56%	-
Free Cash Flow	-714.8	2,599	98.3	-2,298	-2,991
Free Cash Flow Per Share	-1.55	5.65	0.22	-5.13	-8.22
Dividend Per Share	0.142	0.121	0.085	0.105	0.090
Dividend Growth	17.36%	42.35%	-19.05%	16.67%	-
Operating Margin	37.83%	39.08%	36.75%	45.23%	45.09%
Profit Margin	26.38%	25.54%	26.50%	31.29%	75.82%
Free Cash Flow Margin	-180.28%	671.72%	23.53%	-509.96%	-724.62%
Effective Tax Rate	28.60%	29.81%	26.90%	30.34%	29.84%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.