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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.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.
- Acquisition of a top AI advice platform targets 38% adviser efficiency gains and market expansion.NWL
M&A announcement - Record financial results, market share gains, and strong FY27 growth guidance delivered.NWL
H2 2026 - Record $135.7B FUA, strong net flows, and robust outlook with continued platform innovation.NWL
Q4 2026 TU - FUA rose 20.9% to $125.8B, with robust net flows and 49% EBITDA margin guidance.NWL
Q3 2026 TU - FUA and income surged over 23%, with robust profit growth and strong FY26 outlook.NWL
H1 2026 - Record FUA inflows and strong Managed Account growth drove a 23.6% year-over-year FUA increase.NWL
Q2 2026 TU - Record FUA net flows and income growth drove double-digit profit and margin expansion.NWL
H2 2025 - NPAT up 24.1%, FUA up 25.2% to AUD 88.0B, and total dividend up 16.7%.NWL
H2 2024 - Record FUA, net flows, and profit growth drive strong outlook and higher dividend.NWL
H1 2025
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