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Australian Finance Group Ltd (ASX:AFG)

ALERT: Price-sensitive ASX Announcement for AFG
Current share price for AFG : $1.430 -0.61 (-29.90%)+
Announcement
Release
18 Feb 2026 8:14AM
Price at Release
$2.040
Full Release
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Summary
Australian Finance Group Ltd (AFG) reported a record half-year result for the six months ending December 31, 2025. The company achieved a 46% increase in Net Profit After Tax (NPAT) to $22.4 million, with underlying gross profit rising 16% to $79 million, and EBITDA surging 43% to $35.6 million. AFG’s broker network is expanding, with its brokers facilitating one in nine residential loans nationwide. AFG Securities, its securitised lending business, reached a record loan book of $6.3 billion. The company is focused on technology innovation, with a 23% increase in BrokerEngine Plus adoption and a rise in subscription income by 11% to $11.2 million. The Group managed to reduce its cost-to-income ratio to 56% while maintaining efficient scaling and reduced sensitivity to cash rate fluctuations due to favorable long-term funding arrangements. AFG’s strategic growth initiatives, including broker network expansion and technology enhancements, continue to drive sustainable value creation.
Key Points
  • Record half-year result for AFG with NPAT up 46% to $22.4 million.
  • Underlying gross profit increased 16% to $79 million.
  • EBITDA surged 43% to $35.6 million.
  • AFG brokers now write 1 in 9 residential home loans nationally.
  • AFG Securities achieved a record loan book of $6.3 billion.
  • BrokerEngine Plus adoption increased by 23%, with subscription income up 11%.
  • Reduced cost-to-income ratio to 56%.
  • Favorable funding terms reduced sensitivity to cash rate changes.
  • Strategic focus on broker network expansion and technology enhancements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.