Australia · Delayed Price · Currency is AUD 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 AGM highlighted strong financial growth, record profits, and a clear ethics-first investment strategy. Strategic acquisitions and operational improvements positioned the business for future growth, while risks from market volatility and sector greenwashing were acknowledged.
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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.