United States

FlexiGroup Ltd (FXL.AX)

FXL.AX on Australia Stock Exchange

21 Jul 2017
Change (% chg)

$0.04 (+2.17%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Flexigroup says HY net profit for period attributable $47.7 mln
Monday, 20 Feb 2017 05:13pm EST 

Flexigroup Ltd : HY net profit for period attributable to members $47.7 million versus $41.4 million . Interim dividend 3.85 cents per share .HY total portfolio income $235.5 million versus $176.6 million.  Full Article

Flexigroup says FY17 cash NPAT estimate of $90 million to $97 million reaffirmed
Monday, 20 Feb 2017 05:12pm EST 

Flexigroup Ltd : Fy17 cash npat estimate of $90 million to $97 million reaffirmed . "Expect increased investment in our cards businesses will lead to stronger npat growth in medium term" ."Group expects long term roe to increase as customer loans growth in Australia cards mature into interest bearing".  Full Article

FlexiGroup says FY 2017 cash NPAT is estimated between $90 mln - $97 mln
Monday, 29 Aug 2016 07:00pm EDT 

FlexiGroup Ltd : Says FY 2017 cash npat is estimated between $90 million - $97 million, after targeted growth investments . Dividend payout is forecast to remain at 50-60% of cash npat" . Says reaffirmed to return the business to double-digit npat growth in FY 2018. .  Full Article

FlexiGroup posts FY total portfolio income of $396.4 mln
Monday, 29 Aug 2016 06:53pm EDT 

FlexiGroup Ltd : FY total portfolio income $396.4 million versus $ 340.8 million . Says FY net profit for the period attributable to members $50.2 million versus $82.7 million . Says final dividend payable on 14 October 2016 7.25 cents per security .  Full Article

FlexiGroup signs new agreement with Flight Centre Travel Group
Sunday, 7 Aug 2016 07:21pm EDT 

FlexiGroup Ltd : To initiate the program and commence operations FlexiGroup will make an investment of around $3M in FY 2017 . Says signed a new agreement with Flight Centre Travel Group to provide interest free finance to approved customers across Australia . Agreement has "potential to more than double the group's card business' revenue and profitability over the next several years" .  Full Article

FlexiGroup expects FY 2016 cash NPAT of $97 million
Monday, 30 May 2016 06:27pm EDT 

FlexiGroup Ltd : FY 2016 cash npat guidance of $97 million . FY 2017 cash npat expected to be approximately $100 million, from core business units . FY 2016 statutory npat guidance $54.2 million .  Full Article

FlexiGroup agrees to acquire a minority equity interest in Kikka Capital
Sunday, 29 May 2016 07:10pm EDT 

FlexiGroup Ltd : FlexiGroup invests in leading fintech lender Kikka Capital . Agreed to acquire a minority equity interest in kikka capital . FlexiGroup has agreed to invest $2 million of equity and provide a funding line to Kikka .  Full Article

FlexiGroup says acquisition of Fisher & Paykel Finance
Monday, 26 Oct 2015 06:30pm EDT 

FlexiGroup:Acquisition of fisher & paykel finance.Says acquisition of fisher & paykel finance for A$275 million (NZ$294 million).Says launch of fully underwritten non-renounceable entitlement offer.Acquisition is expected to be high single digit cash EPS accretive on a pro-forma basis, including expected synergies2.Says FlexiGroup reaffirms FY 2016 cash npat guidance of A$92 million-A$94 million.Says upfront cash consideration to be funded through A$150 million fully underwritten accelerated non- renounceable entitlement offer.Founder and chairman Andrew Abercrombie, who owns 25.4% of fxl, to take up a total of 71% of full entitlement.Will today launch a 1 for 4.46 pro-rata accelerated non-renounceable entitlement offer to raise approximately A$150 million.Says offer price of A$2.20 per new share.  Full Article

Fitch Affirms Three Flexi ABS Transactions; Outlook Stable

(The following statement was released by the rating agency) SYDNEY, April 10 (Fitch) Fitch Ratings has affirmed 16 tranches across Flexi ABS Trust 2015-1, Flexi ABS Trust 2015-2 and Flexi ABS Trust 2016-1. The Rating Outlook on each tranche remains Stable. The transactions are securitisations of small-balance consumer-loan receivables and unsecured commercial-lease receivables. The notes were issued by Perpetual Corporate Trust Limited in its capacity as trustee. A full list of rating actions fo