Netwealth Group Fiscal 2026 Adjusted Earnings, Revenue Up

MT Newswires Live
08/26

Netwealth Group (ASX:NWL) logged AU$0.552 in adjusted earnings per share for fiscal 2026, compared with AU$0.476 a year ago, a Wednesday filing showed.

Analysts polled by FactSet expected earnings of AU$0.54.

For the 12 months ended June 30, revenue was AU$391.1 million versus AU$324.4 million previously, the Australia-listed financial services technology provider added. Analysts surveyed by FactSet expected AU$393.8 million.

The board declared a final dividend of AU$0.21 per share, unchanged from the prior corresponding period, payable Sept. 29 to shareholders on record as of Sept. 10.

The company expects fiscal 2027 funds under administration net flows of AU$18 billion to AU$20 billion, an earnings before interest, taxes, depreciation, and amortization margin of around 47%, and capitalized software investment of about AU$17 million.

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