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PM Capital Global Opportunities Fund Limited (ASX:PGF)

ALERT: Price-sensitive ASX Announcement for PGF
Current share price for PGF : $3.300 0.15 (4.76%)+
Announcement
Release
16 Feb 2026 9:21AM
Price at Release
$3.150
Full Release
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Summary
The half-year report for PM Capital Global Opportunities Fund Limited, as of 31 December 2025, highlights the company's financial performance and position. The report shows a substantial profit before tax of $250 million, which is significantly higher than the previous year's $54 million. After accounting for an income tax expense of approximately $73 million, the net profit stands at $177 million. Revenue for the period was $288 million, with significant contributions from dividends and gains on investments. Total expenses increased to $38 million, mainly due to performance and management fees. The company's net assets grew to approximately $1.177 billion. The cash flow statement indicates a net cash outflow from operating activities, but a net inflow from investing activities, resulting in a decrease in cash and cash equivalents by $10 million. The company engaged in a share placement and dividend reinvestment plan, contributing to its equity. Overall, the report reflects a strong financial performance and robust asset management.
Key Points
  • Substantial increase in profit before tax to $250 million.
  • Revenue contributions from dividends and investment gains.
  • Expenses rose to $38 million due to increased fees.
  • Net assets grew to $1.177 billion.
  • Net cash outflow from operations and inflow from investing.
  • Decreased cash and cash equivalents by $10 million.
  • Engaged in share placement and dividend reinvestment.
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.