Australia · Delayed Price · Currency is AUD Generation Development Group Earnings Call Transcripts
Fiscal Year 2026
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Revenue rose 35% and underlying NPAT surged 63% year-over-year, driven by strong growth in managed accounts and investment bonds, successful integration of acquisitions, and strategic investments in AI and product innovation. Margin expansion and positive momentum are expected to continue.
Fiscal Year 2025
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Record growth in revenue, NPAT, and FUM was achieved across all segments, driven by acquisitions, product innovation, and favorable legislative changes. Strategic investments and alliances, especially with BlackRock, position the group for continued strong growth in FY 2026 and beyond.
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The meeting focused on ratifying share issues related to the acquisition of Evidentia, a move designed to expand managed account solutions and enhance value for advisors and clients. Both resolutions passed with overwhelming support, and no shareholder questions were raised.
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Record first half FY2025 results with 152% profit growth, strong inflows in investment bonds and managed accounts, and successful integration of Evidentia. Positive outlook supported by new product initiatives, robust market share gains, and a capital-light model.
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The acquisition creates the market leader in managed accounts by combining the top two players, with AUD 25 billion in FUM and strong growth prospects. The deal is double-digit accretive, prioritizes revenue synergies, and is supported by scalable infrastructure and a high-performing team.
Fiscal Year 2024
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Record growth achieved in FY24 with strong inflows, profitability, and brand awareness. Board expanded, new dividend policy planned, and strategic focus on innovation and partnerships. All resolutions passed with strong shareholder support.