Netwealth Group
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Netwealth Group (NWL) investor relations material

Netwealth Group Q1 2027 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2027 TU earnings summary14 Oct, 2026

Executive summary

  • Total FUA rose $3.4B, or 2.5%, in Q1 FY27 to a record $139.2B, up 15.2% YoY.

  • Strategy execution included launches in individual HIN and private wealth, platform enhancements, and a proposed Paradino acquisition.

Financial highlights

  • Custodial inflows were $7.8B; reported total FUA net flows were $2.6B, while adjusted flows excluding pension payments and two institutional outflows were $3.6B.

  • FUA market movements added $0.8B; quarter-end custodial FUA was $137.6B and non-custodial FUA was $1.6B.

  • Total FUM increased to $36.6B, up 24.0% YoY; quarterly FUM net flows reached a record $2.4B, up 36.3% YoY.

Outlook and guidance

  • FY27 guidance, pre-Paradino: FUA net flows of $17B–$19B, revised from $18B–$20B; EBITDA margin of ~47%; capitalised software investment of ~$17M.

  • Following completion, Paradino is expected to incur an EBITDA loss of ~$3M in FY27; a further $10M investment is planned over two years, reported separately from underlying results.

  • FY27 outlook excludes the impact of First Guardian and RISE.

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