Allfunds Group Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw robust client onboarding, stable AUA at EUR 1.766 trillion, and 8.3% revenue growth year-on-year. Alternatives and D&A segments posted strong gains, and the Deutsche Börse transaction is progressing toward a first-half close.
Fiscal Year 2025
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Record AUA of EUR 1.8 trillion and strong net flows drove double-digit growth in key metrics, while strategic refocus and partnerships enhanced core strengths. Alternatives surged 74% year-over-year, and 2026 guidance points to continued robust growth.
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AuA grew 17.9% year-on-year to EUR 1.7 trillion, with net flows on track for the upper end of FY2025 guidance. Revenue and commission income rose, while platform margins declined due to asset mix. Alternatives and Asia drove growth, and the ETP platform is set for Q1 2026 launch.
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Record H1 2025 results with 17% AuA growth and strong net flows drove 6% revenue and 10% profit growth. Guidance for FY 2025 remains positive, though subscription revenue growth is revised lower amid ESG and sales cycle headwinds.
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Record financial results were achieved in 2024, with strong growth in AUA, revenues, and profits. Strategic initiatives included platform expansion, new product launches, and a focus on ESG and governance. All resolutions, including dividend and share buyback, passed with overwhelming support.
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AUA grew 13.2% year-over-year to €1.517 trillion, with strong net flows and revenue growth despite market volatility. Alternative platform and transaction revenues expanded, and the Brazil acquisition opens new growth avenues. Guidance for 2025 is reiterated.
Fiscal Year 2024
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Record 2024 results with AUA up 13% to EUR 1,558bn, net revenues up 16%, and adjusted EBITDA up 18%. Strong flows, new client wins, and strategic partnerships drive growth, with 2025 guidance for continued double-digit revenue growth and margin expansion.
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Record AuA of EUR 1.5 trillion and 60% revenue growth year on year highlight strong business momentum, with robust client acquisition, accelerating alternative platform growth, and continued market share gains. Guidance for 2024 is reaffirmed, and strategic investments in ETP and alternatives are on track.
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Record H1 2024 results with 16% revenue and 22% EBITDA growth, driven by strong net flows, subscription and alternatives expansion, and new product launches. Guidance for 2024 is reaffirmed, with stable margins and continued investment in innovation and M&A.