Standard Premium Finance FY26 Q1 net income rises 21.5% to 408,067; revenue climbs 14.5% to 3.32 million

STANDARD PREM FIN HLDGS INC

STANDARD PREM FIN HLDGS INC

SPFX

0.00

  • Standard Premium Finance Holdings posted net income of $408,067 for quarter ended March 31, 2026, up 21.5%.
  • Revenue rose 14.5% to $3.32 million, driven by a 15.4% increase in finance charges to $2.92 million.
  • Income before income taxes climbed 28.4% to $562,519 as total costs and expenses increased 12% to $2.75 million, led by provision for credit losses up 65.9% to $397,335.
  • Originations increased to $44.83 million, while interest earned rate eased to 16.9% from 18.1%.
  • Line of credit borrowings rose to $54.03 million as of March 31, 2026; line of credit interest rate was 5.77% and working capital surplus was $16.95 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standard Premium Finance Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-26-000636), on May 11, 2026, and is solely responsible for the information contained therein.