)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Hearts and Minds Investments (HM1) investor relations material
Hearts and Minds Investments H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary28 Aug, 2025
Executive summary
Delivered a pre-tax investment portfolio return of 25.5% for FY25, outperforming the MSCI World Accumulation Index (AUD) return of 18.6%.
Post-tax NTA per share increased from $3.05 to $3.44, and share price rose from $2.58 to $3.04, narrowing the discount to NTA.
Total shareholder return for FY25 was 24%, including fully franked dividends of 15.5 cents per share.
$9.5 million donated to Australian medical research, with $1.8 million accrued for future donations.
Leadership transition: Richard Howes appointed Managing Director in June 2025.
Financial highlights
Total comprehensive income after tax was $124.8 million, up from $53.5 million in FY24.
Net asset value increased from $697.4 million to $786.7 million.
Earnings per share rose to 46.65 cents from 22.26 cents year-over-year.
Fully franked dividend of 15.5 cents per share paid; next dividend of 9.0 cents per share declared for October 2025.
Cash and cash equivalents at year-end were $36.0 million.
Outlook and guidance
Board remains committed to narrowing the share price discount to NTA and continuing fully franked dividends, subject to profit reserves and franking balance.
Ongoing portfolio management with rotation of Core Fund Managers to enhance global diversification.
Future performance dependent on portfolio and market conditions; no specific forward guidance provided.
Explain the Core Fund Manager rotation strategy
Unlisted securities strategy and valuation
Sustainability of pro bono funding model
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Hearts and Minds Investments earnings date
H1 202617 Feb, 2026
Next Hearts and Minds Investments earnings date
H1 202617 Feb, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Hearts and Minds Investments Limited is an Australian-listed investment company that aims to generate long-term capital growth by investing in high-conviction stock ideas presented by leading fund managers and industry experts. The company’s unique model combines a charitable mission with investment, as it donates a portion of its management fee savings to medical research and mental health initiatives. Hearts and Minds builds a concentrated portfolio across various sectors, relying on the expertise of invited managers to select stocks with strong growth potential.The company is headquartered in Sydney, Australia, and its shares are listed on the ASX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage