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Helia Group (HLI) investor relations material
Helia Group H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Statutory NPAT for FY25 was AUD 245 million, up 6% year-over-year, with underlying NPAT at AUD 247 million, reflecting strong profitability despite lower insurance revenue.
Gross written premium (GWP) rose 23% to AUD 240 million, the highest in three years, driven by increased market share and lending volumes.
Navigated significant industry changes, including the loss of the largest customer and expansion of the government deposit scheme.
Delinquency rates and claims paid both declined, supported by a robust labor market and rising dwelling values.
Substantial capital was returned to shareholders through dividends and buybacks, with a sharpened operational focus in H2 25.
Financial highlights
Insurance revenue for FY25 was AUD 372 million, down 5% year-over-year due to structural market changes and lower GWP in recent book years.
Earnings per share rose 18% to AUD 0.899; return on equity reached 23.5%.
Total dividends declared were AUD 1.26 per share, including a final ordinary dividend of AUD 0.16 and a special dividend of AUD 0.67, representing a 100% payout of statutory NPAT.
Net investment revenue was AUD 116 million, with a 4.4% return, though declined 17% year-over-year due to unrealized losses and a smaller investment portfolio.
Operating expenses reduced 8–14% to AUD 124 million; FTE down 17%.
Outlook and guidance
GWP expected to fall in 2026 due to loss of CBA and expanded government scheme; insurance revenue guidance is AUD 320–370 million.
Total incurred claims for 2026 anticipated to remain well below through-the-cycle averages.
Portfolio quality remains strong, with prudent underwriting and embedded equity.
Demand for high LVR lending expected to increase, but first home buyers will be a minor part of the private LMI market.
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