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Navigator Global Investments Limited (ASX:NGI)

ALERT: Price-sensitive ASX Announcement for NGI
Current share price for NGI : $2.260 -0.34 (-13.08%)+
Announcement
Release
24 Aug 2026 8:38AM
Price at Release
$2.600
Full Release
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Summary
Navigator Global Investments Limited (NGI) reported its financial results for the fiscal year ending 30 June 2026. The company experienced a 24% increase in firm-level assets under management (AUM), reaching USD104 billion, while ownership-adjusted AUM rose by 21% to USD34 billion. Although the Adjusted EBITDA decreased by 10% to USD102 million, it aligned with expectations following two strong years. NGI's Lighthouse Investment Partners significantly contributed to earnings with a 16% increase, driven by higher management and performance fees. The acquisition of a diversified portfolio from Stable Asset Management, completed after the fiscal period, added USD17 billion in AUM and is projected to boost FY27 earnings. NGI also expanded its senior secured credit facility to USD190 million, enhancing investment flexibility.
Key Points
  • NGI's firm-level AUM increased by 24% to USD104 billion.
  • Ownership-adjusted AUM rose by 21% to USD34 billion.
  • Adjusted EBITDA was USD102 million, down 10% from FY25.
  • Lighthouse Investment Partners' earnings grew by 16%.
  • Acquisition from Stable Asset Management added USD17 billion in AUM.
  • Expansion of senior secured credit facility to USD190 million.
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.