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Netwealth Group Limited (ASX:NWL)

ALERT: Price-sensitive ASX Announcement for NWL
Current share price for NWL : $16.850 -5.37 (-24.17%)+
Announcement
Release
26 Aug 2026 8:38AM
Price at Release
$22.220
Full Release
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Summary
Netwealth Group Limited reported strong financial performance for the fiscal year 2026, with significant increases across key metrics such as platform revenue, total income, and adjusted EBITDA. The company achieved a 20.3% increase in total Funds Under Administration (FUA), reaching $135.7 billion, while expanding its market share to 9.7%. The firm's continued investment in technology and strategic initiatives, including the launch of Netwealth Private and Individual HIN capabilities, supported ongoing growth. Netwealth declared a fully franked final dividend of 21.0 cents per share, highlighting its robust financial position and commitment to shareholder returns.
Key Points
  • Platform revenue increased by 21% to $382.9 million.
  • Total income rose by 20.6% to $391.1 million.
  • Employee benefits expenses increased by 23.4% to $134.1 million.
  • Adjusted EBITDA grew by 18% to $192.9 million.
  • NPAT increased by 16.2% to $135.4 million.
  • Total Funds Under Administration (FUA) increased by 20.3% to $135.7 billion.
  • Custodial FUA inflows increased by 12.6% to $32.3 billion.
  • Netwealth expanded its market share to 9.7%.
  • The company continued significant investment in technology and growth initiatives.
  • Netwealth declared a fully franked final dividend of 21.0 cents per share.
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.