FY25 Full Year Results Commentary

Open PDF
Stock Kelly Partners Group Holdings Ltd (KPG.ASX)
Release Time 12 Aug 2025, 9:04 a.m.
Price Sensitive Yes
 FY25 Full Year Results Commentary
Key Points
  • KPG continues to execute its mission to become Australia's global accounting firm for private business owners
  • KPG now operates in Australia, Hong Kong, USA, and Ireland with a global team of 660 team members, including 102 partners
  • Revenue grew 24.5% to $134.6m, with 20% acquired growth and 4.5% organic growth
Full Summary

KPG continues to execute its mission to become Australia's global accounting firm for private business owners. The company now operates in Australia, Hong Kong (since 2015), USA (since 2023), and Ireland (since 2025), with a global team of 660 team members, including 102 partners. In August 2024, KPG completed a partnership with a CPA firm in Florida, and together with the recent partnership with James Howard CPA, Kelly Partners now services around 8% of all franchisees who own and operate McDonald's restaurants in the USA. US businesses now account for around AUD$25.0m of revenues or 17% of the Group's revenue. Revenue grew 24.5% to $134.6m, with 20% acquired growth and 4.5% organic growth. Underlying NPATA for the year increased 13% on the prior period. KPG continues to heavily invest for long-term growth, and post 30 June 2025, two more accounting firms joined the Kelly Partners Group, increasing the estimated annual run rate revenue to $150.0m.

Guidance

FY25 Underlying NPATA up 13% to $9.1m. FY25 Owner Earnings up 7.9% to $8.5m.

Outlook

KPG aspires to continue to build its market leading programmatic acquisition business system in the accounting sector. The company has completed 80+ partnerships since 2006 using its proprietary Partner-Owner-DriverĀ® model, and now operates 30+ leading partnerships across 5 markets.