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EQT Holdings Limited (ASX:EQT)

ALERT: Price-sensitive ASX Announcement for EQT
Current share price for EQT : $16.850 -6.13 (-26.68%)+
Announcement
Release
19 Feb 2026 9:22AM
Price at Release
$22.980
Full Release
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Summary
EQT Holdings Limited's Half Year Results Presentation for 1H26 highlighted robust financial growth with an 11.8% increase in revenue, driven by strong performance in Corporate Trustee Services and Trustee Wealth Services. The company's Funds Under Management, Administration, and Supervision (FUMAS) saw a substantial increase of 28%, reaching $284 billion. Net Profit Before Tax (NPBT) also grew by 53.9%, and statutory EPS rose by 66.6%. Despite these gains, operating expenses increased due to regulatory activities and strategic initiatives, impacting EBITDA margins. The company continues to experience strong demand across various sectors, including Health & Personal Injury and Estate Management, although it faces ongoing regulatory challenges, particularly in its Superannuation Trustee Services segment.
Key Points
  • EQT Holdings Limited reported a revenue growth of 11.8% to $100 million for 1H26, driven by strong performances in Corporate Trustee Services (CSTS) and Trustee Wealth Services (TWS).
  • The company's Funds Under Management, Administration, and Supervision (FUMAS) increased by 28% to $284 billion.
  • Net Profit Before Tax (NPBT) rose by 53.9% to $30.3 million, with underlying NPBT growing by 24.5%.
  • Statutory Earnings Per Share (EPS) increased by 66.6% to 76.48 cents, and dividends were declared at 56 cents per share, up 1.8% from the previous period.
  • Operating expenses grew by 7.1%, influenced by regulatory activities and strategic initiatives, including significant one-off costs related to the ASIC Shield matter.
  • The company's EBITDA margin was affected by elevated spending on litigation defense and regulator reviews, which would have otherwise been 35.1%.
  • EQT Holdings Limited continues to experience solid demand for new appointments, with significant growth in Health & Personal Injury and Estate Management sectors.
  • The report mentions ongoing strategic reviews and regulatory challenges impacting the business, particularly in the Superannuation Trustee Services segment.
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.