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Generation Development Group (GDG) investor relations material

Generation Development Group AGM 2025 Presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 Presentation summary19 Nov, 2025

FY25 performance highlights

  • Revenue grew 33% to $141.3m, with underlying NPAT up 191% to $8.4m and statutory NPAT at $38.2m, a 555% increase year-on-year.

  • Investment bonds FUM reached $4.4bn (up 33%), managed accounts FUM hit $29.6bn, and a fully franked dividend of 2cps was declared.

  • Completed 100% acquisition of Lonsec and acquired Evidentia Group, consolidating market leadership in managed accounts and research.

  • Generation Life achieved 57% market share of annual inflows in investment bonds and received top industry ratings.

  • Lonsec and Evidentia contributed to strong group results, with Lonsec revenue at $72.1m and Evidentia FUM at $14.8bn by June 2025.

Strategic initiatives and outlook

  • Merged Lonsec Investment Solutions and Evidentia, creating a managed accounts platform with $32.6bn FUM.

  • Strategic alliance with BlackRock to drive product innovation and distribution, leveraging regulatory and market tailwinds.

  • Focus on operational leverage, product and technology investment, and ongoing M&A aligned with structural and legislative trends.

  • Positioned to benefit from intergenerational wealth transfer and predicted growth in managed accounts sector.

  • Continued expansion of research, ratings, and managed account offerings to capture market share and deepen adviser relationships.

Business segment performance

  • Generation Life reported $1,015m in investment bond sales and $25.7m in annuity sales, with 10,645 new bonds issued (up 47%).

  • Lonsec delivered 22% CAGR in revenue and 47% CAGR in NPAT over four years, with 1,836 products researched in FY25.

  • Evidentia’s FUM grew to $14.8bn, with underlying EBITDA of $7.8m and a multidisciplinary team supporting national reach.

  • Managed accounts FUM (Lonsec + Evidentia) reached $29.6bn, reflecting strong net inflows and market share gains.

  • Evidentia achieved 23.5% net flow share in FY25, with strategic collaborations and significant adviser penetration.

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Frequently asked questions

Generation Development Group Limited is an Australian financial services company that provides investment solutions primarily focused on long-term savings and wealth management. The company offers tax-effective investment bonds and related products that cater to individual investors, advisors, and institutions seeking diversified, flexible investment options. Through its subsidiary, Generation Life, the company develops and manages products that support financial planning, estate planning, and wealth transfer. The company is headquartered in Melbourne, Victoria, and its shares are listed on the ASX.

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