• Revenue up 217% to $127.3m
• Profit after tax up 838% to $166.9m
• Interim dividend of 6 cents per share

HMC Capital Ltd has reported a strong financial performance for the half-year ended 31 December 2024. The company recorded revenue of $127.3 million, up 217% from the previous corresponding period, and a profit after tax of $166.9 million, an increase of 838%. The significant growth was driven by revenue from management fees, dividend income, share of profit from investments in associates and joint ventures, and net fair value gains. The company also completed the acquisitions of Payton Capital Limited and Stratcap LLC during the period, which are expected to contribute to the company's diversified private credit asset management platform and digital infrastructure funds management business, respectively. HMC Capital has also established a listed Digital Infrastructure REIT (DigiCo REIT) on the Australian Securities Exchange, which will increase the company's recurring funds management revenue base and transaction revenue. Additionally, the company made an investment in StorEnergy Pty Limited, a specialist developer, owner and operator of utility-scale battery energy storage systems, representing the first investment by HMC's Energy Transition Platform. The directors have declared an interim dividend of 6 cents per share, fully franked, to be paid on 1 April 2025 to eligible shareholders.

HMC Capital expects to continue its strong financial performance, with the company's diversified private credit asset management platform, digital infrastructure funds management business, and energy transition platform expected to drive future growth. The company has provided guidance on its dividend, with an interim dividend of 6 cents per share to be paid in April 2025.

HMC Capital is well-positioned for continued growth, with its recent acquisitions and investments in the private credit, digital infrastructure, and energy transition sectors expected to contribute to the company's future performance. The company is targeting further investments and growth opportunities in these strategic sectors.