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Hearts and Minds Investments Limited (ASX:HM1)

ALERT: Price-sensitive ASX Announcement for HM1
Current share price for HM1 : $2.790 -0.11 (-3.79%)+
Announcement
Release
18 Feb 2026 9:39AM
Price at Release
$2.900
Full Release
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Summary
For the half-year ended 31 December 2025, Hearts and Minds Investments Limited (HM1) reported a significant decline in financial performance compared to the previous period. The net investment income decreased by 90% to $13.6 million, while the profit from ordinary activities after tax dropped by 95% to $4.5 million. The total comprehensive income after tax fell by 97% to $3.0 million. Despite these declines, the company declared an interim fully franked dividend of 9.5 cents per share, continuing its commitment to return value to shareholders through its Dividend Reinvestment Plan. The company's financial position shows net assets of $769 million at the end of the period, supported by a robust portfolio of financial assets valued at $790 million. The report highlights the company's ongoing philanthropic efforts, donating a portion of its net tangible assets to medical research organizations.
Key Points
  • Net investment income decreased by 90% to $13.6 million.
  • Profit after tax dropped by 95% to $4.5 million.
  • Total comprehensive income fell by 97% to $3.0 million.
  • Interim dividend declared at 9.5 cents per share.
  • Net assets stood at $769 million as of December 31, 2025.
  • Financial assets valued at $790 million.
  • Continued donations to medical research organizations.
  • Robust Dividend Reinvestment Plan in operation.
  • HM1 remains committed to shareholder returns despite challenging financial performance.
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.