Netwealth Group Limited's 2026 Full Year Annual Report highlights a strong financial performance with a total income of $391.1 million and a net profit after tax of $60.7 million for the year ended 30 June 2026. The company declared a fully franked dividend of 42 cents per share. Their total assets were valued at $276.3 million, with net assets of $161.9 million. The adjusted EBITDA margin was 49.1%, indicating efficient earnings before interest, taxes, depreciation, and amortization. Operational metrics showed a custodial FUA of $134.3 billion with net inflows of $15.0 billion. The report also notes no external remuneration recommendations were obtained, relying instead on internal resources and market benchmarking data.
Key Points
Netwealth Group Limited reported a total income of $391.1 million for the year ended 30 June 2026.
Total expenses for the year were $313.7 million, leading to a profit before income tax of $77.5 million.
Income tax expense was $16.8 million, resulting in a net profit after tax (NPAT) of $60.7 million.
The basic earnings per share for the year were 24.7 cents.
Netwealth declared a fully franked dividend of 42.0 cents per share, with a dividend payout ratio of 76%.
The total assets as of 30 June 2026 were $276.3 million with net assets amounting to $161.9 million.
The adjusted EBITDA margin was 49.1%, and the adjusted NPAT margin was 34.6%.
Key operational highlights include custodial FUA (Funds Under Administration) of $134.3 billion and net FUA inflows of $15.0 billion.
Netwealth's market capitalization was $5.0 billion as of 30 June 2026.
The company did not receive any remuneration recommendations from external consultants in FY26.
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.