Prime Financial Group (PFG) H1 2026 earnings summary

Executive summary

• Achieved strong financial performance in H1 FY26, with revenue up 31% to $30.1M and underlying EBITDA up 60% to $6.5M year-over-year, driven by organic growth and acquisitions.

• Maintained guidance for full-year growth and increased interim dividend by 4% to 0.80 cps, reflecting confidence in ongoing performance.

• Expanded client base by over 3,300 high-net-worth clients through the fully integrated Lincoln Indicators acquisition.

• Focused on providing comprehensive financial services to business owners and high-net-worth individuals via a one-stop platform.

• Operating cash flow surged 298% to $3.2M, supporting increased dividend and future investments.

Financial highlights

• Total revenue increased 31% to $30.1M; wealth segment revenue up 57% to $18.8M, business segment up 3% to $11.2M.

• Underlying EBITDA margin improved to 22% from 18% in H1 FY25.

• NPAT rose 182% to $3.1M; NPATA up 112% to $3.6M; reported EPS grew 161% to 1.20 cps.

• Operating cash flow nearly tripled to $3.2M.

• Net debt increased to $17.5M from $14.9M at June 2025.

Outlook and guidance

• Reaffirmed FY26 guidance: revenue growth of at least 15%-20%, underlying EBITDA up 20%-25%, and operating cash flow up 125%-150%.

• Targeting $100M in revenue and a 30% underlying EBITDA margin by FY28-30.

• Confident in achieving growth targets due to a robust M&A pipeline, increased recurring income, and technology-driven efficiencies.

• Strategic focus on organic growth, accretive acquisitions, and digital investment.

• Dividends projected to rise 3–5% in line with growth.