ASX-listed Beforepay achieves record Q4 profitability and accelerates Carrington Labs

Beforepay Group Limited have released its Quarterly Activities and Appendix 4C for the quarter ended 30 June 2025 (Q4 FY25).

Beforepay achieved a quarterly net profit before tax (NPBT) of $2.4 million, up 76% on the Q4 FY24 figure of $1.4 million, and up 113% from the previous quarter.

Revenue increased to $10.4 million, up 15% YoY (year-on-year or YoY) as active users also increased, up 12% YoY to 269,558.

Carrington Labs announced a new banking client in the United States, Utah-based CCBank. Following the end of the quarter, it also announced a new U.S. specialty lender, Doc2Doc. Additionally, it has secured new strategic partnerships with two market-leading risk-decisioning platforms, Oscilar and Taktile, enabling their clients to use the Carrington Labs product, and LendAPI, a leading origination platform, creating potential network effects.

Combined, these developments represent a meaningful step forward in executing the company’s U.S. growth strategy, underpinned by the region’s scale, technological maturity, and strong demand for advanced, data-driven financial solutions.

Beforepay Group CEO, Jamie Twiss said, “This quarter’s result marks another milestone for the Group, with a significant increase in profitability, continued strong growth, and a series of client and partnership announcements for Carrington Labs. I couldn’t be happier with this result; it’s the perfect way to end a strong financial year.”