Fat Prophets Global Contrarian Fund Limited (ASX:FPC)

The Half Yearly Report and Accounts for Fat Prophets Global Contrarian Fund Limited for the period ending 31 December 2025 reveal significant financial activities and outcomes. The company's revenue from ordinary activities increased drastically to $16.8 million from $961,000 in the previous half-year, representing a 1,653% rise. The profit before tax was $12.5 million, and the profit after tax attributable to members was $9.285 million, showing a significant improvement from losses in the previous period. The company declared an interim unfranked dividend of $0.02 per share. The report states that the fund’s net assets stood at approximately $49.6 million, an increase from the previous juncture. Investment income was primarily driven by realized and unrealized gains on investments held at fair value through profit or loss. Management and performance fees were major expenses. The board of directors included Michael Gallagher, Katrina Vanstone, and Angus Geddes, with Brett Crowley as the company secretary. The financial report complied with Australian Accounting Standards.