Latitude Financial’s latest notable news is its FY25 result, where it reported a 59% rise in cash net profit after tax to $105.1 million and said record loan and card volumes helped lift margins and receivables. The company also said it will keep investing in digitisation, artificial intelligence, and cyber security after its 2023 cyber incident.[1]
Recent developments
Latitude said total application volumes rose 13% year on year, with 307,000 customers acquired in FY25, while net interest margin expanded to 11.7%. Its Pay division and personal lending books both grew, with personal loan receivables reaching a record $3.3 billion and gross receivables hitting $7.2 billion, the highest in five years.[1]
Partnership activity
Latitude’s newsroom shows it has continued renewing and expanding merchant partnerships, including a four-year extension with JB Hi-Fi and The Good Guys in October 2024 and a new Webjet payment-plan partnership in July 2025. Those deals suggest it is still leaning on retailer relationships to support growth.[3]
Market reaction
Following the FY25 profit update, Latitude Group shares jumped more than 8% in one trading session, reflecting a positive market response to the earnings result. The company’s investor site also shows a current ASX capital notes offer opened on 1 April 2026, indicating active capital market activity.[4][6]
Risk backdrop
Latitude is still managing the reputational and operational fallout from its March 2023 cyber incident, which exposed customer information and remains part of its public support and remediation messaging. That issue continues to shape how investors and customers view the business alongside its recovery story.[7]
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