Key Highlights

  • Wisr shares were up 9.38% at $0.035 during the 22 October 2026 trading session.
  • Q1FY27 Loan originations rose 73% to a record $253.8M and the loan book reached $1,211.0M.
  • FY27 Cash NPAT guidance was lifted to at least $7.0M from at least $5.0M.

Wisr Limited (ASX:WZR) shares were up 9.38% at $0.035 during the Trading session on 22 October 2026, at 11:55 am. At the same time the S&P/ASX 200 stood at 8,774.90, down 0.64% (56.40 points), while the All Ordinaries stood at 8,897.80, down 0.66%. The move came on the day Wisr, an Australian Fintech lender, released its Q1FY27 market update and raised its FY27 Cash NPAT guidance.

About the Company

Wisr Limited is listed on the Australian Securities Exchange under the code WZR and describes itself as a purpose-built Australian fintech lender. Its office is at Level 9, 333 Kent Street, Sydney. Andrew Goodwin is Chief Executive Officer.

The company operates a proprietary platform that combines digital lending with financial tools and features intended to help Australians pay down debt, access Credit and better understand their financial standing.

Business Overview

Wisr's lending activity is split between personal loans and secured vehicle loans. In Q1FY27 personal loan originations were $124.9M and secured vehicle loan originations were $128.9M. Funding comes from three Warehouse facilities with total commitments of $887M, along with a $50.0M corporate facility.

The company also reported an innovation award from WeMoney, Innovation of the Year - Debt Reduction, for DebtBustr, a tool that compares credit card and loan repayments against a Wisr debt consolidation loan. It cited initiatives in automation and artificial intelligence, including simplified assessment for eligible personal loans, integrated vehicle inspections and automated customer ID checks.

Q1FY27 Lending and Financial Results

In its market update dated 22 October 2026, covering the period ending 30 September 2026, Wisr reported that its loan book rose 40% to $1,211.0M from $867.6M in September 2025, and 12% from $1,084.0M at June 2026. Loan originations increased 73% to a record $253.8M from $146.8M in Q1FY26, and 28% from $198.1M in the prior quarter. Secured vehicle loan originations were up 138% on Q1FY26, while personal loan originations rose 35%.

Revenue increased 32% to $33.1M from $25.0M and 10% on the prior quarter. Portfolio Yield was 11.03% against 11.00% in Q4FY26. Net interest Margin decreased 21 basis points to 4.90% as the mix moved towards secured vehicle loans, which carry lower yields, funding costs and credit losses. Risk-adjusted margin was 3.71%, compared with 3.81% in Q4FY26 and 3.64% in Q1FY26. The quarter's financial metrics are unaudited.

Credit Quality, Capital and Guidance

The average credit score of the loan book was 802, compared with 807 in September 2025 and June 2026. Arrears of 90 or more days improved 28 basis points to 0.86%, and net losses improved 44 basis points to 1.19%. The three warehouse facilities had $165M of undrawn capacity, $30.0M of the corporate Facility was drawn, and unrestricted cash was $13.0M, giving total Liquidity of $33.0M.

Wisr now expects FY27 Cash NPAT of at least $7.0M, up from at least $5.0M, a 40% change it attributes to continued origination and loan book growth, operating leverage, cost management and productivity gains from automation. It also expects Cash NPAT to grow substantially in FY28 and holds $97.9M of carried-forward tax losses.

Related Sector Context

Non-bank consumer lenders fund loans through warehouse facilities and corporate debt, so growth in loan books is tied to funding capacity, credit performance and pricing. Mix between unsecured personal loans and secured vehicle loans affects yield, funding cost and loss rates, as the update describes.

At 11:55 am on 22 October 2026 the S&P/ASX 200 was down 0.64% and the All Ordinaries was down 0.66%, while Wisr shares were up 9.38% at $0.035 during the session.

Risks to Weigh In

Guidance is a forward-looking statement, and Wisr states that it will be reviewed and updated in line with continuous disclosure obligations and that actual outcomes may differ materially. The Q1FY27 figures are unaudited.

The update itself shows margin movement: net interest margin fell 36 basis points from the prior comparative quarter as the portfolio shifted towards secured vehicle loans. Growth also relies on funding availability, with $20.0M of the corporate facility undrawn, of which $12.5M is uncommitted, and on borrower credit performance. FY28 expectations for substantial Cash NPAT growth depend on continued scale and operating leverage.

Catalysts on Watch

The update does not list dated events, but it points to several items. These include delivery against the revised FY27 Cash NPAT guidance of at least $7.0M, continued loan origination and loan book growth, and the further automation and technology work described by management.

The company says it will update guidance in accordance with its continuous disclosure obligations, and its Investor Hub carries announcements and a video interview with the chief executive.

Putting It Together

Wisr shares were trading higher at $0.035 during the 22 October 2026 session while both benchmark indexes were lower. The Q1FY27 update reports a $1,211.0M loan book, record originations of $253.8M, improved arrears and net losses, and FY27 Cash NPAT guidance of at least $7.0M.