InvestSMART

Shine Justice Ltd (ASX:SHJ)

ALERT: Price-sensitive ASX Announcement for SHJ
Current share price for SHJ : $0.590 -0.13 (-18.06%)+
Announcement
Release
27 Feb 2026 9:25AM
Price at Release
$0.720
Full Release
download
Summary
Shine Justice Ltd reported a return to profitability in the first half of FY26 with a net profit after tax of $6.7 million, significantly improving from the previous year's loss. The company's revenue grew by about 8%, driven predominantly by personal injury claims. Despite facing delays in class action receipts, they declared a fully franked interim dividend. They also focused on enhancing operational efficiency through technology investments and managed to uphold stable employee expenses and overheads. Shine Justice achieved over $600 million in damages for clients and maintained a robust pipeline for future class actions.
Key Points
  • Return to profitability with NPAT of $6.7 million compared to a $1.7 million loss in H1 FY25.
  • Revenue growth driven by personal injury segment, achieving a year-on-year increase of approximately 8%.
  • Interim fully franked dividend of 1.5 cents declared, payable on 24 April 2026.
  • Gross operating cash flow was negative $6.3 million due to court and administrative delays in class action receipts.
  • Strategic emphasis on emerging technology to improve case outcomes and operational efficiency.
  • More than $600 million in damages achieved for over 2,000 clients in H1 FY26.
  • Strong pipeline of class actions with significant potential settlements expected in H2.
  • Focus on operational efficiency with stable employee expenses and overheads despite inflationary pressures.
  • Expansion of work in progress (WIP) by $17.7 million, supporting future cash inflow potential.
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.