• Strong financial results with revenue, Underlying EBITDA and Underlying NPAT growth
• Platform net inflows of $9.5 billion, a record for a half-year
• Continued growth in platform market share and new adviser usage

HUB24 has had a successful half-year in 1HFY25, with strong financial results and progress on strategic objectives. The company delivered strong growth in revenue, Underlying EBITDA and Underlying NPAT, supported by growth in Funds Under Administration (FUA). Net inflows increased to $9.5 billion, a record for a half-year, reflecting strong customer relationships and leading products and services. The industry trends have improved, with buoyant financial markets, higher net inflows across the platform industry, and continued disruption supportive of financial advisers switching platforms. HUB24's platform market share continued to increase, driven by growth from both new and existing licensees and advisers. Within the Tech Solutions segment, Class continued to deliver consistent growth, maintaining its position as the second largest SMSF software provider in Australia, while NowInfinity grew the number of companies administered on its platform. HUB24 has been recognized as Australia's best platform for the third year running. The company has progressed its strategy to leverage its Group capabilities and footprint to deepen customer relationships and build new revenue streams. HUB24 has also continued to invest in its product offerings to maintain its leadership and expand into new markets.

The HUB24 Group delivered strong financial results in 1HFY25, with revenue of $195.2 million, Underlying EBITDA of $77.6 million, and Underlying NPAT of $42.6 million. The company's Underlying EBITDA margin was 39.8%, an increase of 470 basis points.

The HUB24 Group remains focused on delivering its strategic objectives to continue to lead the industry as the best provider of integrated platform, technology, and data solutions. There is positive momentum across the business, and the company is well-positioned for ongoing success in both its existing businesses and its emerging technology and data solutions offerings.