Ingenia Communities Group (INA) investor relations material

Executive summary

• Underlying EPS rose 33% to $0.039 (30.9 cents), and EBIT increased 22% to $164.1M, both exceeding upgraded guidance and at the top end of the range.

• Achieved year one strategic goals, completed business simplification, cost reduction, and significant board and governance renewal.

• Embedded financial discipline, productivity gains, and cost base reductions across the organization.

• Settled 520 new land lease homes, up 13% year-over-year, with high occupancy across residential and holidays segments.

• Holidays forward bookings up 14% on prior year, supporting growth momentum into FY26.

Financial highlights

• Revenue increased 8% to $512.0M, with underlying profit up 33% to $126.1M.

• Statutory profit surged to $128.4M (+816%), reflecting one-off tax impacts and DMF provision.

• Distribution per security was $0.096 (9.6 cents), down 15% due to prior year capital gains.

• Gearing at 29.7%, LVR at 35%, both within target and covenant limits.

• NTA per security increased 6% to $3.91.

Outlook and guidance

• FY26 EBIT guidance: $180.5M–$188.7M (10–15% growth); underlying EPS: 32.5–34.0 cents.

• Focus on recurring revenue growth, cost discipline, and development activity to support medium-term returns.

• Joint Venture settlements expected to contribute ~35% of FY26 settlements.

• Cost headwinds expected to moderate, but insurance and council rates remain unpredictable.

• Tax guidance for FY26 in the 5–8% range, likely at the higher end.