Centuria Capital (CNI) investor relations material

Executive summary

• Achieved resilient operating performance and maintained a strong balance sheet, with FY25 operating NPAT rising to $100.8M and operating EPS at 12.2¢, both exceeding guidance and up over 4% year-over-year.

• Statutory NPAT was $82.7M, lower than operating NPAT due to non-operating items and fair value impacts.

• Platform manages $20.6B in AUM, diversified across listed/unlisted real estate, credit products, and investment bonds, with 95% occupancy and a 5.3-year WALE across 370+ properties.

• Entered technology sector via 50% acquisition of Reset Data, launching Australia's first sovereign AI factory and marketplace, with customer testing underway.

• Strong performance in unlisted real estate, with $7M in performance fees booked and $32M collected.

Financial highlights

• Operating NPAT rose 6.4% to $100.8M; operating EPS of 12.2¢ and distributions of 10.4¢ per security, both up 4% year-over-year.

• Statutory NPAT was $82.7M, down from $102.1M in FY24; statutory EPS was 10.0¢.

• $2.9B in total transaction activity, including $489M acquisitions and $1,529M divestments.

• Property Funds Management EBITDA increased to $59.6M; Property Investment segment EBITDA at $87.7M.

• Centuria Bass Credit AUM grew 21% to $2.3B, generating $27M EBITDA.

Outlook and guidance

• FY26 operating EPS guidance of 13.4¢, a 10% increase over FY25.

• Targeting over $1B in real estate acquisitions and increased performance fees in FY26.

• Reset Data expected to generate revenue and swing to profitability in FY26, with further AI factory pipeline development.

• Anticipates continued strong demand for real estate and alternative assets as interest rates fall and markets stabilize.

• Industrial and Office REITs provided FY26 FFO and distribution guidance.