• Net profit after tax up 49% to $134.4 million
• Diluted earnings per share up 37% to 62.4 cents
• Final dividend of 27.0 cents, taking total dividends for FY25 to 60.0 cents

Pinnacle Investment Management Group Limited (PNI) has reported its financial results for the financial year ended 30 June 2025 (FY25). The company achieved a net profit after tax (NPAT) attributable to shareholders of $134.4 million, up 49% from $90.4 million in the prior financial year (FY24). Diluted earnings per share (EPS) attributable to shareholders was 62.4 cents, up 37% from 45.5 cents in FY24. Pinnacle's share of Affiliates' NPAT was $129.7 million, up 43% from $90.8 million in FY24. Performance fees earned by 12 Pinnacle Affiliates, post-tax, contributed $46.6 million of Pinnacle's NPAT in FY25, up from $31.2 million in FY24. Aggregate Affiliates' funds under management (FUM) stood at $179.4 billion at 30 June 2025, up $69.3 billion or 63% from $110.1 billion at 30 June 2024. The Board has resolved to pay a final dividend per share of 27.0 cents, franked to 88%, taking total dividends for the financial year to 60.0 cents, franked to 79% (up 43% from the fully franked FY24 total dividends of 42.0 cents).

Pinnacle's earnings and net inflows can moderate during times of market dislocation. However, the company is confident that its business is in excellent shape and there is cause for optimism for the year ahead.

Pinnacle will continue to seek and support growth and further opportunities in both public and private markets. The company remains attracted by the growth in private markets and sees opportunity to further broaden this capability. Pinnacle is also clear as to the value and necessity of high quality, active investment management in the public markets.