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WT Financial Group Limited (ASX:WTL)

ALERT: Price-sensitive ASX Announcement for WTL
Current share price for WTL : $0.160 0.005 (3.23%)+
Announcement
Release
20 Jul 2026 10:01AM
Price at Release
$0.155
Full Release
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Summary
WT Financial Group Limited reported a strong performance for FY2026, with a 22% increase in EBITDA to $8.4 million and a 20% increase in net profit before tax to $6.6 million. The company also reported a 15% increase in net revenue and other income, amounting to $33.1 million. Cash and cash equivalents rose to $16.8 million by year-end, and the board plans to declare a fully franked dividend of 0.75 cents per share. The results reflect the company's strategic evolution into one of Australia's largest adviser networks, highlighting the benefits of its scalable operating platform and investments in infrastructure, technology, and risk management. CEO Keith Cullen emphasized the ongoing growth potential through the Hubco strategy, which targets expansion beyond traditional models. The company's audited financial statements are expected by 28 August 2026, and an investor briefing is scheduled for 27 July 2026.
Key Points
  • EBITDA increased by 22% to $8.4M.
  • Net profit before tax rose by 20% to $6.6M.
  • Net revenue and other income increased by 15% to $33.1M.
  • Cash and cash equivalents were $16.8M at year-end.
  • Board plans to declare a fully franked dividend of 0.75 cents per share.
  • Company completed transformation into a leading adviser network in Australia.
  • Benefits from scalable operating platform and strategic investments.
  • CEO Keith Cullen highlighted potential growth through the Hubco strategy.
  • Audited financial statements expected by 28 August 2026.
  • Investor briefing scheduled for 27 July 2026.
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.