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Netwealth Group Limited (ASX:NWL)

ALERT: Price-sensitive ASX Announcement for NWL
Current share price for NWL : $21.890 -0.43 (-1.93%)+
Announcement
Release
18 Feb 2026 8:20AM
Price at Release
$22.320
Full Release
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Summary
Netwealth Group Limited reported strong financial performance in its 1H26 results presentation. The company achieved a 23.6% growth in Funds Under Administration (FUA), with total FUA reaching $125.6 billion. Total income increased by 24.7% to $193.8 million, while EBITDA grew by 23.9%, maintaining a healthy margin of 49.9%, excluding certain expenses related to First Guardian. The company continues to focus on expanding its platform capabilities, with significant investments in technology and product innovation to support future growth. A strong emphasis on sustainable practices and corporate responsibility is also highlighted, including commitments to carbon neutrality and supporting community initiatives. The company has reiterated its guidance for FY26, projecting continued momentum and strategic investments to drive sustainable growth and market share expansion.
Key Points
  • FUA growth of 23.6% to $125.6 billion.
  • Total income up by 24.7% to $193.8 million.
  • EBITDA increased by 23.9%, with a margin of 49.9%.
  • Investments in technology and product innovation continue.
  • Commitment to carbon neutrality by 2030 and net zero by 2050.
  • Strong focus on corporate responsibility and community support.
  • Guidance for FY26 is reiterated with expectations for ongoing momentum.
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.