The runaway success of Cash Converters' decision to launch its short-term personal loans business in the UK put a rocket under the pawnbroker's earnings in 2009-10.
Managing director Peter Cumins said Cash Converters expected to see a "strong take-up" of its financial services products in 2011, after its launch in the UK in May drove a 58 per cent lift in operating profit within its personal loans business.
Cash Converters' total net profit rose 34 per cent to $21.6 million for the year to June 30, on a 35 per cent lift in revenue to $127.8 million.
Bad debts within its short-term loan business - most loans are offered on terms of less than 12 months - stayed relatively steady at 7.95 per cent of its loan book.
Historically, bad debts have hovered at 7.5 per cent.
Cash Converters has continued to buy back franchised stores across its international network, with 71 stores now owned by Cash Converters.
The group will pay a fully franked final dividend of 1.5¢ on September 30.
Mr Cumins said he expected profit to rise to between $27 million and $27.5 million this year, as it benefited from the impact of further store buybacks and growth in its personal loan book.Cash Converters shares were 3.5¢, or 6.09 per cent, higher at 61¢ at 11.35am.