• Revenue increased 30% to $109.4 million
• Profit after tax up 28% to $33.4 million
• Fully franked final dividend of 7.5 cents per share

Qualitas Limited (ASX: QAL) has released its Appendix 4E and Full Year 2025 Financial Report for the statutory 30 June 2025 year end. The company reported a 30% increase in revenue from ordinary activities to $109.4 million, and a 28% increase in profit from ordinary activities after tax attributable to members to $33.4 million. Qualitas is an ASX-listed Australian alternative real estate investment manager with approximately $9.5 billion of committed funds under management as at 30 June 2025. The company focuses on real estate private credit, opportunistic real estate private equity, income producing commercial real estate and build-to-rent residential. Qualitas listed on the Australian Securities Exchange on 16 December 2021. During the year, the company gained control of two new wholly owned entities, Qualitas Income Credit 2 Pty Ltd and Qualitas Income Credit 2 Holdings Pty Ltd, and lost control of several other wholly owned entities that were deregistered. Qualitas is also part of a joint venture arrangement with Gurner Multifamily Pty Ltd to establish a build-to-rent platform. The directors have declared a fully franked final dividend of 7.5 cents per share to be paid on 19 September 2025, bringing the total dividends for the year to 10 cents per share.

The company has not provided any specific forward-looking financial guidance in the announcement.