EQT Holdings Earnings Call Transcripts
Fiscal Year 2026
-
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
-
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.
-
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.
-
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
-
FY 2024 delivered robust growth, with FUMAS up 26.7% and revenue up 23.1%, driven by AET integration, technology investment, and new business. Margins in CSTS were pressured by regulatory and operational investments, but synergy realization and technology modernization are expected to drive future improvements.