Prime Financial Group (PFG) investor relations material

Executive summary

• Achieved 21% revenue growth to $49.4M for FY25, exceeding guidance, with strong contributions from both organic growth and acquisitions.

• Funds under management rose 58% to $1.9B, driven by organic growth and the Lincoln acquisition, which added 3,300 high net worth clients.

• Net profit after tax and amortization increased 42% to $5.9M; EPS up 37% to 1.87¢ per share.

• Continued focus on both organic and acquisition-led growth, with a robust M&A pipeline and integration delivering cross-business synergies.

• Built scale and capability via the 'OneConnected' strategy, integrating technology and cross-selling.

Financial highlights

• FY25 revenue reached $49.4M, with $55M ongoing from continuing operations.

• Underlying EBITDA margin at 24% (down from 25% prior year); underlying EBITDA up 17% to $11.9M.

• Reported EBITDA up 39% to $10.6M; reported EPS up 37% to 1.87¢ per share.

• Net profit after tax and amortization up 42% to $5.9M; net profit after tax up 59%.

• Total dividend for FY25 increased 4% to 1.66¢ per share; final dividend up 5% to 0.89¢ per share.

Outlook and guidance

• Targeting $100M revenue by FY28–FY30, with plans to double revenue and EBITDA in 3–5 years and a 30% underlying EBITDA margin.

• Expecting 6–10% organic growth, with 65–75% of future growth from acquisitions.

• Growth expected to continue through further M&A, organic expansion, and technology-driven efficiencies.

• Guidance for FY26 to be provided at AGM in November; growth remains a core focus.

• Second half typically stronger than first, with a 1/3 to 2/3 EBITDA split expected.