Reports and Results
2016 Annual Report
2016 was an eventful year for FlexiGroup which reported receivables over the $2 billion mark for the first time and delivered solid Cash NPAT growth of 8%. In March, the Group entered the New Zealand Cards market with the strategic acquisition of Fisher & Paykel Finance, significantly expanding the Group’s trans-Tasman presence as NZ receivables increased to 39%. Additionally, the Group announced that it was discontinuing non-core activities to redeploy capital to businesses with the highest returns and strongest competitive advantage to deliver a more focussed and streamlined company.
In February, FlexiGroup was pleased to welcome Symon Brewis-Weston, who, as CEO is focussed on nurturing strong core businesses and the intrinsic FlexiGroup sales culture to drive profitable, organic growth. The Group is well positioned to leverage growth momentum and new seller relationships across the Group.
2015 Annual Report
FlexiGroup has continued a substantial program of work to drive a greater return on investment for shareholders in the coming years. Enhancing our technology and digital platforms has delivered material gains in service levels and speed of origination; and has enhanced dealer and customer satisfaction. It is pleasing that during a time of substantial change, the Group’s results are in line with market guidance and all segments positively contributed to cash NPAT growth of 6%.
2014 Annual Report
FlexiGroup's cash NPAT growth is expected to be driven by continued solid performance from Certegy Ezi-Pay, completion of the integrated Once and Lombard IT platform, refreshed product offerings (including Telco bundle and transition to Call and Click model) across existing and acquired retail partners in Consumer & SME Leasing, strong volume growth in New Zealand Leasing, scaling up of the Enterprise Leasing business, and further investment in the company’s core IT Systems.
2013 Annual Report
It is an absolute delight to report an outstanding year for FlexiGroup. By diversifying revenue streams and funding lines, the company has achieved exceptional growth in profit, volume and receivables. This year, FlexiGroup continued to diversify, with the acquisition of another interest-free business. As the Group begins to consolidate its recent acquisitions, strong earnings are predicted to continue into FY2014.
2012 Annual Report
2012 was an exceptional year for FlexiGroup, with strong profit, volume and receivables growth delivering outstanding results for shareholders. These results continue to validate the successful strategy of diversification which is expected to drive growth through fiscal years 2013 and 2014.
Previous Years Reports