EQT Holdings Earnings Call Transcripts
Fiscal Year 2026
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Revenue hit a record AUD 100 million, up 11.8% year-over-year, with net profit after tax rising 67% to AUD 20.5 million. Strong segment growth and FUMAS expansion were offset by elevated regulatory and litigation costs, prompting a strategic review of the superannuation business.
Fiscal Year 2025
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A leading trustee and wealth services provider, the firm oversees $250B+ in assets and has achieved strong growth through diversified revenue streams, strategic acquisitions, and technology investment. Demographic trends and regulatory complexity support long-term, stable income, while the aging population and intergenerational wealth transfer present significant future opportunities.
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Record FUMAS growth and a 60% increase in NPAT highlight strong FY 2025 performance, driven by successful integration of AET, technology upgrades, and exit from loss-making segments. Positive FY 2026 outlook, especially in CTS, with continued regulatory focus.
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FUMAS grew 26% year-over-year to AUD 224 billion, with revenue up 6.5% and strong organic growth. Transformation costs weighed on earnings, but expenses are set to decline in the second half, supporting margin expansion and continued dividend growth.
Fiscal Year 2024
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FY 2024 delivered robust growth with FUMAS up 26.7% and revenue up 23.1%, driven by AET integration, new business, and technology investments. Margin pressures in CSTS are being addressed, and further synergy and technology benefits are expected in FY 2025.