FSA Group Ltd 2024 AR2
The report outlines FSA Group Limited's transition to a lending business during the 2024 fiscal year. Despite challenging market conditions, the company increased annual new origination by 23% to $385 million and expanded its loan pools by 25% to $801 million. However, profitability was impacted by rising cash rates, resulting in a 40% decrease in profit before tax to $12.6 million. The company also established an ESG working group to finalize its sustainability framework in 2025, focusing on health and wellbeing, gender equality, and climate action.
Company: FSA Group Ltd
Sector: Financials
Country: Australia
Year: 2024
Type: AR2
Pages: 82
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FSA Group Ltd
Annual Report
The report outlines FSA Group Limited's transition to a lending business during the 2024 fiscal year. Despite challenging market conditions, the company increased annual new origination by 23% to $385 million and expanded its loan pools by 25% to $801 million. However, profitability was impacted by rising cash rates, resulting in a 40% decrease in profit before tax to $12.6 million. The company also established an ESG working group to finalize its sustainability framework in 2025, focusing on health and wellbeing, gender equality, and climate action.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees