The credit reporting and data analytics company Veda Group released its first financial report since listing on the Australian Securities Exchange in December, producing a financial performance in line with its prospectus forecasts.The company made a loss of $12.5 million for the six months to December. After adjusting for $25.7 million of expenses associated with the initial public offering, $1.8 million of non-recurring management fees and $12.8 million of fees associated with a refinancing, the company's pro forma net profit was $33.8 million.The pro forma interim result is in line with the company's forecast of a $63.9 million net profit for the year to June.Revenue for the half was $146.8 million - an increase of 13.2 per cent over the previous corresponding period.All the company's divisions contributed to its revenue growth. Consumer risk and identity, which includes fraud prevention services and customer identification, increased revenue by 13.1 per cent.Commercial risk and information services, which includes the credit reporting activities, increased revenue by 15.3 per cent.B2C and marketing services, which includes the new VedaScore service, increased revenue by 3.3 per cent.The international division (predominantly New Zealand) increased revenue by 18.1 per cent.Veda's chief executive, Nerida Caesar, said the company was ready for the start of the new positive credit reporting regime next month.She said she expected about 20 to 30 of the larger financial institutions to start using the new system immediately - loading extra data about their customers' financial behaviour through most of this year and starting to purchase data from expanded data sets next year.Caesar said: "There is a capital cost to get into this. Small institutions make take longer. Some may never make the change."