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Marlin Global (MLN) investor relations material
Marlin Global H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net profit after tax for the six months ended 31 December 2025 was $6.46 million, down from $8.07 million in the prior year period.
Total comprehensive income after tax attributable to shareholders was $6.46 million, compared to $8.07 million year-over-year.
Basic and diluted earnings per share were 2.88 cents, down from 3.72 cents in the previous year.
Financial highlights
Total income for the period was $9.35 million, a decrease from $11.29 million year-over-year.
Net change in fair value of investments was $8.74 million, compared to $10.41 million in the prior year.
Operating expenses totaled $1.90 million, down from $2.04 million year-over-year.
Dividends paid during the period were $8.47 million (3.77 cents per share).
Net asset value per share as at 31 December 2025 was $0.94, compared to $0.95 at 30 June 2025.
Outlook and guidance
On 16 February 2026, a dividend of 1.88 cents per share was declared, with payment scheduled for 27 March 2026.
A new warrant issue was approved, with one warrant for every four shares to be allotted in April 2026, exercisable in April 2027.
- Net profit fell sharply, underperformance continued, but dividends and board stability were maintained.MLN
AGM 20253 Feb 2026 - Profit up 58%, higher dividends, and all board resolutions received unanimous support.MLN
AGM 202416 Jan 2026 - Net profit dropped to $0.3m, with returns lagging the benchmark amid global market volatility.MLN
H2 20255 Oct 2025 - Net profit surged 58% to $37.2m, driven by strong US tech and healthcare portfolio gains.MLN
H2 202413 Jun 2025 - Net profit after tax declined to $8.1m, with NAV per share at $1.02 and a 2.05c dividend declared.MLN
H1 20255 Jun 2025
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