HMC Capital Earnings Call Transcripts
Fiscal Year 2026
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First half FY26 saw strong recurring earnings, 34% growth in management fees, and AUM rising to AUD 19.5 billion. Guidance for FY26 includes at least AUD 0.40 pre-tax EPS and AUD 0.12 dividend per share, with robust growth expected across all verticals.
Fiscal Year 2025
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FY 2025 saw record AUM and earnings growth, driven by major acquisitions and new fund launches, despite share price declines in listed REITs. FY 2026 targets at least $0.40 pre-tax EPS, with strong growth expected across all business verticals and continued focus on operational delivery and capital deployment.
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Record AUM and revenue growth were achieved, driven by major acquisitions and platform expansion. Recurring income streams from private credit and digital infrastructure underpin strong earnings momentum, with FY25 pre-tax EPS tracking at AUD 0.80 per share.
Fiscal Year 2024
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Record FY2024 results with 42% revenue growth, 68% operating margin, and 30% AUM increase to AUD 12.7 billion. New growth platforms in private credit, energy transition, and digital infrastructure are set to drive further expansion, with strong liquidity and fundraising momentum.