Shine Justice (SHJ) AGM 2026 presentation summary

FY26 overview and financials

• Adjusted revenue $220.4m, up 7.8% YoY; adjusted EBITDA $44.7m, up 13.7%; adjusted NPAT $15.8m, up 62.9%.

• Adjusted basic EPS 11.19c, up 87.8% YoY; operating cash flow $19.0m vs $19.5m in FY25.

• Net work in progress $366.6m, up 0.9% YoY; EBITDA and net work in progress are non-IFRS measures.

• 50-year history; $12b+ damages recovered, including $800m+ for over 4,000 personal injury clients in FY26; ~900 staff across 50+ offices.

Segment performance

• Personal Injury revenue $180.9m vs $166.3m in FY25; EBITDA $36.6m, up 18.4%; market share 8.5% in a fragmented market.

• Personal Injury compensated 4,000+ clients, secured $800m+ in damages and opened 5,900+ files; productivity, recovery rates and fees billed improved.

• Class Actions adjusted revenue $39.4m vs $38.1m; adjusted EBITDA $8.2m, up 6.5%, excluding an $11.2m constraint increase and $1.8m fair value loss on legacy matter disbursements.

• Class Actions had 26 active matters and 22 investigations; six in-principle settlements totalled over $290m, and the first New Zealand class action was won.

Strategy, technology and international expansion

• International mass torts strategy uses a US hub to source matters for international spokes; litigation funding is intended to limit balance-sheet risk and support long-term growth.

• AI governance, data and automation foundations established; AI use expanded across legal, operational and corporate functions during FY26.

• Salesforce remains central to client intake, with AI enhancements; implementation began on a unified people and payroll platform.