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The Agency Group Australia Ltd (ASX:AU1)

ALERT: Price-sensitive ASX Announcement for AU1
Current share price for AU1 : $0.027 0.002 (8%)+
Announcement
Release
24 Feb 2026 9:17AM
Price at Release
$0.025
Full Release
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Summary
The Agency Group Australia Ltd reported a strong financial performance for the first half of the fiscal year 2026, with a 199% increase in underlying EBITDA to $2.06 million, marking significant growth in Gross Commission Income and improved agent productivity. The company successfully reduced its net loss after tax to $0.83 million and achieved positive operating cash flow of $1.81 million. The end of major rent roll amortisation has improved the company's statutory earnings profile, positioning it for continued profitability. The Agency has focused on strategic recruitment of high-performing agents, resulting in increased agent productivity and market share growth. Property management revenue rose by 11%, reflecting a stable recurring income stream. The company renewed its banking facilities, extending them until 2028, which strengthens its capital stability. The Agency is poised for further growth and market expansion with its disciplined cost control and strategic infrastructure investments.
Key Points
  • Underlying EBITDA increased 199% to $2.06 million.
  • Agent headcount reached a record 474 by year-end.
  • Net loss after tax reduced to $0.83 million.
  • Operating cash flow positive at $1.81 million.
  • Gross Commission Income up 34% to $81.6 million.
  • Revenue up 18% to $57.1 million.
  • Cost of doing business reduced to approximately 30% of revenue.
  • Majority of rent roll asset amortisation concluded.
  • Property management revenue increased 11% to $7.1 million.
  • Owned rent roll valued at approximately $37.4 million as of June 2025.
  • Service Plus model launching imminently after pilot phase.
  • Banking facilities extended to June 2028.
  • Company focused on productivity growth and market share expansion.
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.