Euroz Hartleys Group (EZL) H2 2025 earnings summary

Executive summary

• Achieved net profit after tax of $10.3m for FY25, up 87.7% year-over-year from $5.47m, with revenue rising 10.6% to $98.7m compared to $89.2m in FY24.

• Funds Under Management (FUM) increased 14.4% to $4.45b, and cash/investments at year-end totaled $92m.

• Paid fully franked dividends totaling 5.5cps for the year, with $354m returned to shareholders over 25 years.

• Strong performance in brokerage and ECM, with 74 ECM transactions raising $1.64b.

Financial highlights

• Brokerage revenues up 7.2% year-over-year to $31.5m; ECM revenues up 13.9% to $38.5m.

• Wealth management revenue increased 12.8% to $22.1m; FUM up from $3.89b to $4.45b.

• Net tangible assets per share at 49¢; no debt.

• Final dividend of 3.5cps and interim dividend of 2.0cps declared.

Outlook and guidance

• Optimistic about mid- to long-term outlook, leveraging strong WA economy and commodity demand.

• Focus remains on growing recurring revenues and organic FUM growth.

• Post balance date, $23.1m capital returned to shareholders to enhance balance sheet efficiency.