• Record volumes across Distribution and Manufacturing segments
• Loan book reaches $5.1 billion, up 23% on prior period
• Two strategic equity investments completed in 1H25

Australian Finance Group Ltd (AFG) has delivered positive earnings growth in the first half of the 2025 financial year, driven by record volumes across its Distribution and Manufacturing segments. The company reported 1H25 revenue of $626 million, up 11% on the prior corresponding period, and NPAT of $15.3 million, up 6% on 1H24. AFG's Distribution segment saw a record number of brokers, record residential settlements of $31.8 billion, and record Distribution gross profit of $56.5 million. The company's Manufacturing segment, including the AFG Securities loan book, reached a record size of $5.1 billion, up 23% on December 2023, with record settlements and an expanding net interest margin. AFG also completed two strategic equity investments in broking groups during the half, which are expected to contribute additional EBITDA of up to $7 million per annum. The company's strong balance sheet and cash-generating assets, combined with its capital allocation strategy, position it well for the future. Major technology projects have been rolled out, and the company's Broker Investments program is successfully underway, with further opportunities in the pipeline.

The last six months have solidified AFG's platform for growth. Favourable market conditions, an expanding distribution footprint, enhanced technology offerings, and increased loan book size instil confidence in the company's upward earnings trajectory. AFG's strong balance sheet and cash-generating assets, combined with its capital allocation strategy, position it well as it heads into the second half.