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WT Financial Group Limited (ASX:WTL)

ALERT: Price-sensitive ASX Announcement for WTL
Current share price for WTL : $0.170 0 (0%)+
Announcement
Release
24 Aug 2026 9:49AM
Price at Release
$0.170
Full Release
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Summary
WT Financial Group Limited (ASX: WTL) has demonstrated robust growth in its FY2026 financial results. The company reported a 19.1% increase in Net Profit Before Tax (NPBT) to $6.55 million, fueled by a 15.6% rise in total net revenue and other income to $33.14 million. This year marked the sixth consecutive year of compounding growth, with significant investments in scalability, technology, and risk management yielding higher earnings and cash flow. WTL's Hubco strategy, a joint venture with Merchant Wealth Partners, has played a pivotal role in the company's growth by allowing participation in the corporatisation and expansion of financial advice practices. The company declared a fully franked final dividend of 0.75 cents per share. WTL is well-positioned for future growth, maintaining a strong cash position and a growing pipeline of opportunities.
Key Points
  • Total Net Revenue and Other Income increased 15.6% to $33.14M
  • EBITDA increased 19.5% to $8.21M
  • NPBT increased 19.1% to $6.55M
  • Statutory NPAT increased 6.9% to $4.96M
  • Net cash provided by operating activities was $10.31M
  • Cash and cash equivalents were $16.79M at year end
  • Fully franked final dividend of 0.75 cents per share declared
  • Sixth consecutive year of compounding growth
  • Hubco strategy broadened growth opportunities
  • Sale of Vesta Partners to Titan Advice Group Pty Ltd
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.