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AF Legal Group Ltd (ASX:AFL)

ALERT: Price-sensitive ASX Announcement for AFL
Current share price for AFL : $0.125 0.005 (4.17%)+
Announcement
Release
29 Aug 2025 8:45AM
Price at Release
$0.120
Full Release
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Summary
AF Legal Group Ltd reported a strong financial performance for FY25 with a record Normalised NPBT attributable to owners of $1.4 million, marking a 77% increase from the previous period. The company achieved a 27% revenue growth, reaching $27.6 million, driven largely by the acquisition of Armstrong Legal. The highest average weekly revenue was recorded in Q4, at $605k. Despite several one-off expenses such as acquisition and legal costs totaling $1.501 million, the company maintained a positive cash flow improvement from operations by $2.3 million. Looking forward, AF Legal Group anticipates continued revenue growth and operating leverage in FY26. Additionally, the company has improved its internal team approval rating to 84%, emphasizing its commitment to a positive work environment.
Key Points
  • AF Legal Group announced a record Normalised NPBT attributable to owners of $1.4 million, a 77% increase from the previous period.
  • Revenue grew by 27% in FY25, reaching $27.6 million.
  • Q4 saw the highest average weekly revenue of $605k.
  • The second acquisition of Armstrong Legal contributed significantly to revenue growth.
  • One-off expenses in FY25 included acquisition costs, Project Titan, and legal defence costs totaling $1.501 million.
  • Cash inflow from operating activities improved by $2.3 million from FY24.
  • The company anticipates further revenue growth and operating leverage in FY26.
  • The Great Place to Work survey showed an internal approval metric rise to 84%.
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.