Australian Ethical Investment Earnings Call Transcripts
Fiscal Year 2026
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Strong H1 FY26 results with 25% underlying profit growth and 42% increase in net profit, driven by disciplined cost management and positive net flows. Funds under management reached AUD 14.08 billion, and a record interim dividend was declared.
Fiscal Year 2025
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The meeting highlighted record financial results, with funds under management surpassing AUD 14 billion and a 29% increase in profit. Strategic growth, board renewal, and a strong ethical focus were emphasized, while risks from regulatory changes and market trends were discussed.
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Underlying profit rose 29% to $23.8M and net profit after tax surged 68% to $19.9M, driven by organic growth and the LTS Asset Management acquisition. Funds under management hit $13.94B, up 34%, with strong cost efficiencies and a 56% higher dividend.
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Record profit and FUM growth driven by organic expansion and the Altius acquisition, with improved cost-to-income ratio and strong net flows. Platform transitions and cost efficiencies position the business for continued growth, supported by robust demand for responsible investing.
Fiscal Year 2024
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The meeting highlighted record financial growth, strong ethical investment performance, and successful acquisitions. Strategic focus remains on climate advocacy, operational scalability, and maintaining high governance standards. No questions were raised, and all resolutions proceeded to vote.
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FY 2024 saw 24% revenue growth, 57% higher underlying profit, and 80% NPAT growth, with FUM reaching AUD 10.4 billion. The Altius acquisition and platform upgrades are set to drive further growth and cost efficiencies in FY 2025.