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Wisr (ASX:WZR), a consumer lending fintech, has turned profitable, which some fund managers believe the market has overlooked. In July 2026, SG Hiscock reported Wisr rallied strongly after delivering its first full-year cash profit of $1 million, a turnaround from a $5.3 million loss the prior year. Raper Capital described Wisr as a left-for-dead fintech lender that has quietly executed a textbook operational turnaround, arguing the market undervalues it at a market value of about $37 million. Acorn noted an earlier 39% fall on no negative news despite loan book growth and lower losses. Wisr operates in the Financials sector within the Consumer Finance industry, and Thesis Tracker has captured 4 comments from 4 fund managers, including SG Hiscock, Raper Capital and Acorn. Headquartered in Sydney, Wisr provides personal loans and secured vehicle loans to Australian consumers through a digital platform, funded through warehouse facilities and securitisation, alongside financial wellness tools.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Forager Funds, Acorn Capital, SG Hiscock & Company and Raper Capital have invested in WISR Ltd (ASX:WZR).
SG Hiscock and Raper Capital highlight Wisr's first full-year cash profit, a textbook operational turnaround, loan book growth and lower loss rates at a small market value.
Acorn notes a 39% share price fall on no negative news, showing volatility, and as a lender Wisr remains exposed to funding costs and credit losses.
Wisr Ltd. provides personal and secured vehicle loans to consumers in Australia. Founded on May 2, 1966, the company is headquartered in Sydney. As a financial services provider, Wisr focuses on delivering consumer lending solutions to the Australian market.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.