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Solvar Limited (ASX:SVR)

ALERT: Price-sensitive ASX Announcement for SVR
Current share price for SVR : $1.600 -0.16 (-9.09%)+
Announcement
Release
18 Feb 2026 9:58AM
Price at Release
$1.760
Full Release
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Summary
Solvar Limited's H1 FY26 Investor Presentation highlights efforts to stabilize its financial position and drive growth. The company noted a stable bad debts situation and significant funding headroom, with a diversified funding base from four senior lenders, providing over $500 million in funding headroom. Solvar has launched a new $488 million Money3 facility and resized an existing facility to $270 million, reducing funder margins. The loan book quality shows 82% of the Australian portfolio as 'Strong and Good,' maintaining credit quality despite economic pressures. The company is in the final stages of exiting New Zealand and expects improved loan book quality with increased contributions from Bennji and AFS. Looking forward, Solvar forecasts a normalised NPAT of $36 million for FY26 and plans to continue dividend payouts. Expansion in commercial lending and the Bennji business, alongside a positive outlook in loan originations, are expected to drive growth into the second half of FY26.
Key Points
  • Stable bad debts and significant funding headroom for Solvar.
  • New $488 million Money3 facility established, resizing existing to $270 million.
  • 82% of the Australian portfolio rated 'Strong and Good'.
  • Increased contribution from Bennji and AFS expected to improve loan book quality.
  • Forecast normalised NPAT of $36 million for FY26.
  • Plans to maintain dividend payout ratio in H2 FY26.
  • Solvar is exiting New Zealand, with New Zealand operations contributing less than 10% of interest income.
  • Ongoing expansion in commercial lending and Bennji business.
  • Loan book quality expected to improve with diversified funding and strategic business unit contributions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.