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FlexiGroup Ltd (FXL.AX)

FXL.AX on Australia Stock Exchange

2.30AUD
24 Mar 2017
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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

FlexiGroup Ltd's managing director and chief executive officer Tarek Robbiati to step down later this year; confirms Fy 2015 earnings guidance
Monday, 22 Jun 2015 07:25pm EDT 

FlexiGroup Ltd:Says that managing director and chief executive officer, Tarek Robbiati, has given notice of his resignation to return overseas and will step down in second half of calendar year.Confirms it's on track to meet its FY 2015 cash NPAT guidance of $90-$91 million.  Full Article

FlexiGroup Ltd completes acquisition of Telecom Rentals Ltd from Spark New Zealand Ltd
Wednesday, 29 Apr 2015 09:27pm EDT 

FlexiGroup Ltd:Says that it has completed acquisition of Telecom Rentals Limited from Spark New Zealand Ltd on April 30.  Full Article

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BRIEF-Flexigroup Ltd updates on outlook

* " Affirm our estimate for full 2017 financial year of cash npat between $90 million and $97 million"