Update: HUB24 Posts Higher Fiscal H1 Underlying Earnings, Revenue; Shares Up 11%

MT Newswires Live

02/19

(Updates to add stock movement in the headline and last paragraph)

HUB24 (ASX:HUB) reported Thursday fiscal first-half underlying earnings of AU$0.829 per share, up from AU$0.51 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.76.

Revenue from ordinary activities for the six months ended Dec. 31, 2025, was AU$245.9 million, compared with AU$195.2 million a year earlier. Analysts surveyed by FactSet expected AU$238.6 million.

The company has upgraded its fiscal 2027 platform funds under administration (FUA) target, excluding portfolio administration and reporting services FUA, to a range of AU$160 billion to AU$170 billion, up from the previous range of AU$148 billion to AU$162 billion.

The board declared an interim dividend of AU$0.36 per share, up from AU$0.24 a year earlier, payable April 21 to shareholders on record as of March 17.

The company's shares rose around 11% in recent Thursday trade.

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