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 earnings and operating EPS surged, with strong performance across real estate, private equity, private credit, energy transition, and digital infrastructure. Annualized EPS is tracking at AUD 0.80 per share, with a positive outlook supported by a robust balance sheet.
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.