• Underlying EPS up 26% on 1H24 on record first half Underlying revenue
• Strong momentum into 2H25 with material earnings growth expected
• Record first half Asset Management gross fund inflows

MA Financial Group Ltd reported strong 1H25 results, with Underlying EPS up 26% on 1H24. This was driven by record first half Asset Management gross fund inflows of $1.5 billion, up 36% on 1H24, as well as accelerating growth in the MA Money loan book, which increased by 134% to $3.3 billion. The company's Corporate Advisory business also showed impressive performance with strong transaction flow and revenue growth of 19% on 1H24. MA Financial continues to invest strategically in its platform, technology, and brand, which is delivering strong growth across its businesses. The company is well-positioned for material earnings growth in 2H25 and beyond, with positive momentum across all divisions. Asset Management recurring revenue margin increased to 1.55%, up 5bps on 1H24, while the Lending & Technology and Corporate Advisory & Equities divisions also delivered strong results. MA Financial's diversified business model and active management of its balance sheet provide unique strategic flexibility and exclusive investment opportunities for its clients.

MA Financial expects Underlying EPS in 2H25 to be materially higher than 1H25 as all divisions continue to demonstrate positive momentum. In Asset Management, the company expects continued growth in fund inflows and a return to strong growth in real estate funds AUM in 2H25 and beyond. In Lending & Technology, MA Money is expected to deliver continued growth, with the company having high confidence it will meet its targeted $15 million to $20 million NPAT contribution in FY26. In Corporate Advisory & Equities, the transaction pipeline remains robust with increasingly supportive market conditions.

MA Financial remains focused on capitalizing on new and emerging opportunities to build long-term value and market position. The company expects the strategic investment spend to reduce in 2H25 relative to 1H25 as the US Private Credit Platform steadily increases AUM. The company's diversified business model and active management of its balance sheet continue to provide unique strategic flexibility and exclusive investment opportunities for its clients.