Australia's Wisr hits over one-year high after lifting FY27 profit forecast

WISR

22/10/2026 02:35

** Shares of Australia's Wisr Ltd WZR.AX rise as much as 18.8% to A$0.038, their highest level since September 29, 2025
** Stock logs its biggest intraday pct gain since July 28
** Fintech lender raises FY27 cash net profit forecast by 40% to at least A$7 million ($4.92 million) from at least A$5 million earlier
** Expects improvement in annual profit due to continued loan book growth and productivity gains from automation and technology 
** Co reports quarterly revenue increase of 32% to A$33.1 million
** YTD stock up 12.9%


($1 = 1.4239 Australian dollars)

 (Reporting by Paridhi Minda in Bengaluru)
 ((Paridhi.minda@thomsonreuters.com;))