Carlton Investments (CIN) H2 2026 earnings summary

Executive summary

• Net profit for the year ended 30 June 2026 was $41.18 million, up 6.1% year-over-year from $38.81 million.

• Operating revenue rose to $44.13 million from $41.60 million, driven by higher dividends and distributions received.

• Total dividends and distributions received increased by 7.5% to $43.40 million, including special dividends.

• Fully franked dividends of $12.32 million were received from the largest holding, EVT Limited.

Financial highlights

• Basic and diluted EPS increased to $1.561 from $1.468 year-over-year.

• Final fully franked dividend of 71 cents per share and a special dividend of 2 cents per share declared, totaling $1.20 per share for the year, up 6.2%.

• Net tangible asset backing per share before tax was $45.82 (down from $48.39), and after tax $38.00 (down from $39.52).

• Market value of the equity investment portfolio at year-end was $1.19 billion, down from $1.26 billion.

• Total comprehensive loss for the year was $9.86 million, reflecting a $79.17 million decrease in fair value of investments.

Outlook and guidance

• Domestic interest rates expected to remain elevated as long as inflation exceeds RBA targets.

• Anticipation of continued volatility in Australian equity markets due to domestic and global factors.

• Board maintains confidence in the long-term prospects of the investment portfolio and will continue a cautious, long-term investment approach.