Zilch’s revenue grows, but its annual losses widen

Zilch’s latest figures show why revenue growth and profitability need to be read separately.

What happened

Reporting on 5 November put Zilch’s revenue for the year ended March 2026 at £147.5m, up 36%. Annual losses widened from £12.5m to approximately £36m, reflecting spending on customer acquisition and brand building alongside increased credit-loss provisions.

The available report gives slightly inconsistent precise loss figures, so the rounded amount is used here.

Why it matters

A lending business can grow revenue while spending more to attract customers and absorb credit risk. Assessing the growth means understanding what it costs to generate, rather than looking at sales alone.

The bigger picture

Zilch also described subsequent progress towards adjusted profitability. That measure and period should be distinguished from the annual loss. The useful test is whether growth can translate into sustainable earnings after the full costs of the business.