ASX-listed Wisr have announced an equity capital raise of up to $11.4 million, an upgrade to its FY26 guidance, and the entry into a non-binding Term Sheet to refinance the companyʼs corporate debt facility on a materially lower interest margin.
Wisr’s capital raise of up to $11.4 million will be through a combination of a Placement and Share Purchase Plan at $0.031 per share. This will be strongly supported by a $9.4 million institutional Placement to sophisticated and professional investors.
Following the Placement, Wisr will offer eligible shareholders the opportunity to participate in a non-underwritten SPP to raise up to $2.0 million, offering eligible existing shareholders the opportunity to participate on the same terms as the Placement.
Proceeds to be applied primarily to repay $7.5 million of the Wisr’s corporate debt facility, reducing the drawn balance from $35.0 million to $27.5 million, and provide additional working capital and liquidity to support loan origination growth and product development initiative.
FY26 guidance upgrade
As a result of the capital raise and impending refinancing of the company’s corporate debt facility, Wisr is upgrading its FY26 guidance and expects to achieve Cash NPAT profitability in H2FY26.
Wisr also reaffirms its current guidance for FY26:
- Loan origination growth: 40%+ (FY25: $422 million)
- Revenue Growth: 15%+ (FY25: $91.6 million)
Wisr Chief Executive Officer Andrew Goodwin said, “This capital raise is a strategically important step that supports the next phase of Wisrʼs growth towards scale and profitability. We are very encouraged by the strong support received from existing and new institutional investors, which reflects confidence in Wisrʼs strategy and long-term outlook.
“As a result of the capital raise and impending refinancing of our corporate debt facility, we are pleased to upgrade our FY26 guidance, with Cash NPAT profitability expected in H2FY26,”concluded Goodwin.
