Marlin Global (MLN) H1 2025 earnings summary

Executive summary

• Net profit after tax for the six months ended 31 December 2024 was $8.1 million, down from $10.2 million in the prior year period.

• Total comprehensive income after tax attributable to shareholders was $8.1 million, compared to $10.2 million in the previous year.

• Basic and diluted earnings per share were 3.72c, down from 4.88c year-over-year.

Financial highlights

• Total income for the period was $11.9 million, compared to $12.4 million in the prior year.

• Net change in fair value of investments contributed $10.4 million, slightly down from $11.9 million year-over-year.

• Operating expenses increased to $2.0 million from $1.8 million in the prior year.

• Net cash inflow from operating activities was $8.4 million, reversing a $11.4 million outflow in the prior year.

• Dividends paid totaled $8.8 million (4.05c per share), up from $7.6 million (3.65c per share) year-over-year.

Outlook and guidance

• A dividend of 2.05c per share was declared on 21 February 2025, with a record date of 6 March 2025 and payment on 28 March 2025.