Pioneer Credit Limited

This report is an updated version of the report published on 29 August 2025 at 2:22 PM AEST.

Section 1: Company Overview and Fundamentals Insights

Company Overview: Pioneer Credit Limited (ASX: PNC) is an Australia-based financial services provider. The Company is focused on acquiring and servicing Purchased Debt Portfolios (PDPs). The Company is also focused on providing customer service along with a range of products and solutions to help them achieve their financial goals. Kalkine’s Penny Stocks Report covers the Investment Highlights, Key Financial Metrics, Risks, and Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.2 The Key Positives, Negatives, Investment Highlights, and Risks

 1.3 Top 10 Shareholders:

The top 10 shareholders together form ~48.15% of the total shareholding. Samuel Terry Asset Management Pty Ltd and John (Keith Roy) hold maximum stake of 16.62% and 10.73%, respectively.

1.4 Key Metrics: Net cash used in operating activities reduced by 56% YoY to AUD 12.6mn in FY25 vs AUD 28.8mn in FY24. Below captured are other metrics:

Section 2: Business Updates, Financial and Operational Highlights

2.1 Recent Business Updates:

2.2 FY25 Results Highlights (for the full-year ended June 2025): Below are mentioned some key financial highlights:   

2.3 Historical Financial Trend

Section 3: Key Risks and Outlook:

Section 4: Stock Recommendation Summary

4.1 Price Performance and Technical Summary

The stock has witnessed a rise of ~18.23% in the last one month, whereas over the last six months, it has jumped by ~15.86%. The stock has a 52-week low and 52-week high of AUD 0.365 and AUD 0.675, respectively, and is currently trading above its 52-week high-low average. PNC was last covered in a report dated ‘14 October 2020’.

 4.2 Fundamental Valuation

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 29 August 2025. The reference data in this report has been partly sourced from REFINITIV

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice. 

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.