E&P Financial Group (EP1) H2 2025 earnings summary

Executive summary

• Returned to profitability with statutory net profit after tax of $7.1m, reversing a prior year loss of $27.7m.

• Completed delisting from ASX in December 2024, enhancing operational flexibility and reducing regulatory burden.

• Declared a fully franked final dividend of 2.5 cents per share, first since FY22.

• Announced an equal access buy-back of up to $4.0m at 57.5 cents per share, subject to shareholder approval.

• Engaged Grant Thornton for semi-annual independent share valuations, with fair value set at 60.0 cents per share as of 30 June 2025.

Financial highlights

• Total revenue increased to $168.7m from $150.5m year-over-year.

• Net revenue rose 13% to $158.8m; pre-AASB 16 underlying EBITDA improved to $9.5m from a $5.3m loss.

• Underlying NPATA was $4.4m; underlying EBITDA was $9.5m.

• Cash and cash equivalents at year-end were $50.8m; borrowings reduced to $6.1m.

• Dividend payout policy set at 75–85% of NPATA in normal conditions.

Outlook and guidance

• Focus for FY26 on accelerating revenue growth, cost discipline, and innovation in service offerings.

• Well-positioned for sustainable growth as an unlisted entity, leveraging operational flexibility.

• Continued prioritization of shareholder value through profit distribution and capital management.