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Pinnacle Investment Management Group Limited (ASX:PNI)

ALERT: Price-sensitive ASX Announcement for PNI
Current share price for PNI : $14.010 -3.75 (-21.11%)+
Announcement
Release
4 Aug 2026 4:39PM
Price at Release
$17.760
Full Release
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Summary
Pinnacle Investment Management Group Limited reported significant financial growth for the financial year ending 30 June 2026, as detailed in their Appendix 4E Preliminary Final Report. Revenues from ordinary activities increased by 67.5%, with profits and net profit attributable to shareholders rising by 31.5%. Earnings per share grew by 24.5%. The company declared an interim dividend of 29.0 cents and a final dividend of 31.0 cents, both partially franked. Pinnacle completed the acquisition of the remaining 75.1% of Pacific Asset Management LLP. Despite these positive results, the net tangible asset backing per security declined from $4.04 to $2.86. The aggregate profits from associates and joint ventures also saw an increase. Key dates announced include the final dividend payment set for 25 September 2026.
Key Points
  • Revenues from ordinary activities increased by 67.5% to $109,688,000.
  • Profit from continuing operations and net profit attributable to shareholders both increased by 31.5% to $176,712,000.
  • Earnings per share on a statutory basis increased by 24.5% to 78.7 cents.
  • Interim dividend for 2026 was 29.0 cents with 23.2 cents franked, and the final dividend was 31.0 cents with 20.0 cents franked.
  • Key dates include the annual report date on 4 August 2026, and final dividend payment on 25 September 2026.
  • Net tangible asset backing per ordinary security decreased from $4.04 to $2.86.
  • Pinnacle acquired the remaining 75.1% of Pacific Asset Management LLP.
  • The aggregate share of net profits from associates and joint ventures increased to $136,038,000 from $129,723,000.
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.