)
MA Financial Group (MAF) investor relations material
MA Financial Group H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY 2025 saw strong performance with multiple growth engines scaling, delivering material earnings growth and record AUM of $15.3 billion, up 49% year-on-year, supported by strategic acquisitions and new product launches.
Underlying EPS rose 31% year-over-year, driven by record underlying revenue and robust business growth across all segments.
All divisions contributed to growth, with significant momentum heading into FY 2026.
Lending & Technology segment saw MA Money's loan book grow 148% and Finsure managed loans increase 26% to $175 billion.
Return on equity improved to 13.6% from 10.7% in the prior year.
Financial highlights
Underlying revenue rose 25% year-on-year to $382.4 million; underlying NPAT was $57.0 million, up 35%.
Underlying earnings per share grew over 30% year-on-year to 34.2 cents; underlying revenue, EBITDA, and EPS all delivered 25%-35% growth.
AUM increased nearly 50% to over $15 billion; gross flows reached a record $4.1 billion, up 82% year-on-year.
Recurring revenue was $258 million, up 24%-25% year-on-year, now 67% of total revenue.
Statutory NPAT was $11.1 million, down 73% due to $41 million in acquisition and fund establishment costs.
Outlook and guidance
Most FY 2026 targets are expected to be met or exceeded ahead of schedule, with strong momentum into the new year and FY26 EPS expected to be materially higher.
Net fund inflows (excluding institutional) are anticipated to rise, underpinned by private credit and real estate, though recurring revenue margin may be slightly lower due to real estate AUM growth.
MA Money is on track for a $20 million NPAT contribution in FY26, with further upside possible.
Strategic investment spend is forecast to decrease to $6–8 million in FY26 as the U.S. platform becomes more active.
EBITDA margin is expected to improve but unlikely to reach the 40% target in the near term.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
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.
Explore our global coverage
)
)