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Generation Development Group Limited (ASX:GDG)

ALERT: Price-sensitive ASX Announcement for GDG
Current share price for GDG : $4.340 0.24 (5.85%)+
Announcement
Release
25 Feb 2026 8:13AM
Price at Release
$4.100
Full Release
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Summary
Generation Development Group Limited (GDG) reported strong financial results for the first half of FY26, highlighted by a 63% increase in underlying NPAT to $20.1 million and a 35% rise in revenue to $88.4 million compared to the prior corresponding period. The Group achieved significant growth in funds under management (FUM), with Investment Bonds FUM increasing by 34% to $5.2 billion and Managed Accounts FUM reaching $34.5 billion. The company's diversified recurring revenue base, bolstered by the integration of Lonsec Investment Solutions and Evidentia Group, supports scalable earnings. Generation Life experienced strong demand due to the tax efficiency and estate planning benefits of investment bonds, amidst potential legislative changes in the tax environment. The Group declared an interim dividend of 1.0 cent per share and anticipates continued earnings growth in the second half of FY26. GDG's strategic investments in product capability and technology, alongside new partnerships, position the company for future growth.
Key Points
  • GDG reported a 63% increase in underlying NPAT to $20.1 million.
  • Revenue rose 35% to $88.4 million compared to the previous year.
  • Investment Bonds FUM increased by 34% to $5.2 billion.
  • Managed Accounts FUM reached $34.5 billion, up 36%.
  • Recurring revenue supports scalable earnings.
  • Integration of Lonsec Investment Solutions and Evidentia Group completed.
  • Generation Life saw strong demand due to tax and estate planning benefits.
  • Declared interim dividend of 1.0 cent per share.
  • Anticipates continued earnings growth in the second half of FY26.
  • Strategic investments in product capability and technology.
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.