Pinnacle Investment Management Group (PNI) investor relations material

Executive summary

• Celebrated 20 years of growth, highlighting a strong culture and scalable, multi-affiliate business model with a proven track record in FUM, NPAT, and EPS growth over two decades.

• Achieved strong underlying profit growth, record net inflows, and robust investment performance, evolving into a global platform with multiple growth drivers and tailwinds for FY 2027.

• Emphasized the sustainability of high EPS growth, supported by a diversified, cash-generative model and a unique supported independence approach for affiliates.

Financial highlights

• NPAT reached AUD 176.7 million in FY 2026, up 31% year-over-year (21% adjusted for non-recurring items).

• EPS was AUD 0.781, up 25% (15% adjusted); final dividend AUD 0.31 per share, total AUD 0.60, payout ratio 77%.

• Aggregate affiliate FUM at 30 June 2026 was AUD 229.4 billion, up 28% from prior year; net inflows hit a record AUD 33.4 billion.

• Base fee revenues rose 35% to AUD 1.058 billion; performance fees declined 5% to AUD 146.6 million.

• Adjusted NPAT and EPS growth rates provided, excluding one-off items and performance fee variances.

Outlook and guidance

• Confident in sustaining high compounding EPS growth through execution of a globally distinct, scalable model and three horizons of growth.

• Key profit growth drivers for FY 2027 include full-year PAM ownership, higher closing FUM, improved affiliate margins, and annualized revenue uplift in Pinnacle Parent.

• Continued expansion into international markets, with focus on model portfolios, SMAs, and leveraging technology in new geographies.