Finbar Group (FRI) AGM 2026 presentation summary

AGM and resolutions

• 99 shareholders lodged valid proxies covering 161,436,998 shares, or 59.3% of issued shares.

• Remuneration report adopted with 98.87% of votes cast for; Deloitte Touche Tohmatsu appointed external auditor following KPMG’s resignation.

• John Chan, Ronald Kean Yew Chan and Melissa Siew Ching Chan re-elected as directors, with 98.22%, 98.14% and 98.07% of votes for, respectively.

• Non-executive director fee pool increased by $240,000 to $600,000 annually, effective FY27; 98.27% of votes cast were for.

FY26 financial performance

• Revenue $204.3M, down 28.2% YoY; NPAT $20.3M, up 40.9%, and underlying NPAT $22.1M, up 36.5%.

• EPS 7.4 cents, up 39.6% YoY; NTA/share 94 cents, up 2.2%; gross profit margin 20.2%, versus 12.1% in FY25.

• Cash and term deposits $50.7M, up 39.3% YoY; borrowings $13.9M, down 72.4%. FY26 dividends totaled 5.5 cents/share, including a 3-cent fully franked final dividend.

Sales and operating activity

• FY26 settled 287 lots valued at $263.7M; sold 566 lots valued at $528.8M, up 124% in value YoY; presales reached $567.2M, up 92.8%.

• Three projects launched for $411M and 482 lots, 80% sold; end-value under construction was $515.1M across 615 lots, up 31.7% in value YoY.

• FY27 to 31 Oct: presales $395M, sales $74.4M and settlements $231.7M, including Bel-Air and Garden Towers.

• CY2026 to 31 Oct sales mix averaged 53% investors and 47% owner-occupiers; first-home buyers were 18%, repeat buyers 27% and referred buyers 21%.