• Q3 FY25 revenue of $7.0 million, up 9% on prior quarter and 43% on prior year
• Normalised NPBT attributable to owners was a profit of $352k, fourth profitable quarter in a row
• Project Titan, a 14-month upgrade to new practice and document management system, is on track and under budget

AF Legal Group Ltd has reported a strong Q3 FY25 performance, with revenue of $7.0 million, a $0.6 million (9%) increase on the prior quarter (Q2 FY25 $6.4 million) and a 43% increase on the prior corresponding period (Q3 FY24 $4.9 million). This was due in part to the inclusion of the Armstrong Legal Contested Wills & Estates (April 2024) and Criminal Law (November 2024) acquisitions. Excluding the Armstrong Legal impact, Q3 FY25 still saw an 18% increase on the prior year. Revenue increases were experienced across all practice brands when compared to the prior quarter and the prior corresponding period. Normalised net profit before tax (NPBT) attributable to the owners of AF Legal Group for Q3 FY25 was a profit of $352k, the company's fourth profitable quarter in a row. While only 75% of the way through FY25, the company's revenue already reflects 91% of the total FY24 revenue and 117% ($913k) of the total FY24 normalised NPBT attributable to the owners of $781k. The company's balance sheet remains strong, with net assets of $10.4 million. Project Titan, the 14-month upgrade and migration to a new modern practice and document management system, is currently underway, on track and under budget. The company expects Q4 to further consolidate the Group's steady profitable growth, driven by a consistent focus on people management, ongoing enhancements to its digital platforms, and the expansion of the Armstrong Legal Contested Wills & Estates and Criminal Law teams across the country.

For FY25, the company has reported revenue of $7.0 million, up 9% on the prior quarter and 43% on the prior year. Normalised net profit before tax attributable to owners was $352k, the fourth consecutive profitable quarter.

The company expects Q4 to further consolidate the Group's steady profitable growth, driven by a consistent focus on people management, ongoing enhancements to its digital platforms, and the expansion of the Armstrong Legal Contested Wills & Estates and Criminal Law teams across the country.