2025 Full Year Results Announcement
| Stock | EQT Holdings Ltd (EQT.ASX) |
|---|---|
| Release Time | 21 Aug 2025, 8:37 a.m. |
| Price Sensitive | Yes |
EQT Holdings delivers topline growth and expense improvement
- Funds under management, administration and supervision (FUMAS) reached a record $254 billion, up 28%
- Revenue increased 7% to $182.5 million, while statutory net profit after tax rose 60.4% to $33.2 million
- Total expenses in 2H25 reduced by $4.9 million compared to 1H25
EQT Holdings Limited (ASX: EQT) (Equity Trustees) announced its results for the year ending 30 June 2025, delivering topline growth and expense improvement. Funds under management, administration and supervision (FUMAS) reached a record $254 billion, up 28% on the prior year. Revenue increased 7% to $182.5 million, while statutory net profit after tax was up 60.4% to $33.2 million. Underlying net profit before tax increased 4.1% to $53.7 million. The company successfully reduced total expenses in the second half by $4.9 million compared to the first half, with operating expenses representing over a quarter of this decrease. Equity Trustees has reached a significant turning point, with the successful completion of the Australian Executor Trustee (AET) integration, major enterprise technology system upgrades, and the exit of the UK/Ireland business. The Corporate & Superannuation Trustee Services (CSTS) business delivered particularly strong results, with 53 new responsible entity and 20 custody appointments, bringing the total portfolio to over 400. The Trustee and Wealth Services (TWS) business had a steady year, with the successful integration of AET and the implementation of the trustee management platform NavOne. The company is optimistic about the growth opportunities, with market leadership in both private and corporate trusteeship and strong demand, particularly in the Corporate RE market.
The company reported Funds under management, administration and supervision (FUMAS) of $254 billion, up 28% on the prior year, and revenue of $182.5 million, up 7%. Statutory net profit after tax increased 60.4% to $33.2 million, and underlying net profit before tax increased 4.1% to $53.7 million.
The company is optimistic about the growth opportunities, with market leadership in both private and corporate trusteeship and strong demand, particularly in the Corporate RE market. As Australian savings grow, the complexity of regulations also increases, driving greater demand for the company's services. The company will continue to invest to ensure that its specialist trustee model is a provider of choice.