2025 Annual Results Presentation

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Stock Navigator Global Investments Ltd (NGI.ASX)
Release Time 25 Aug 2025, 8:33 a.m.
Price Sensitive Yes
 Navigator Global Investments Ltd reports 2025 annual results
Key Points
  • Revenue up 18% to USD 203.7 million
  • Adjusted EBITDA up 26% to USD 113.6 million
  • Statutory NPAT up 80% to USD 119 million
Full Summary

Navigator Global Investments Ltd (NGI) reported its 2025 annual results, highlighting strong financial performance across key metrics. Revenue increased by 18% to USD 203.7 million, driven by higher management fees, strong investment performance, and higher performance fees. Adjusted EBITDA grew by 26% to USD 113.6 million, reflecting higher operating margins across both the NGI Strategic and Lighthouse business segments as the company continues to scale. Statutory NPAT increased by 80% to USD 119 million. NGI's ownership-adjusted AUM grew by 6% to USD 27.7 billion, with net inflows of USD 0.7 billion into the NGI Strategic portfolio offsetting outflows from the lower-fee Lighthouse business. The company's total firm-level AUM reached USD 84 billion, up 12% in USD and 13% in AUD. NGI highlighted several key strategic initiatives, including the acquisition of a minority stake in leading US healthcare private equity firm 1315 Capital, and the continued growth and diversification of its NGI Strategic portfolio through partnerships with firms like GP Strategic Capital (formerly Dyal Capital). The company also noted a range of industry awards and recognition received by its Partner Firms during the year.

Guidance

NGI reported USD 203.7 million in revenue and USD 113.6 million in adjusted EBITDA for the 2025 financial year.

Outlook

NGI highlighted the continued growth and diversification of its business, with a focus on expanding its NGI Strategic portfolio through partnerships with leading alternative investment firms across private credit, private equity, real assets, and other strategies. The company expects to continue benefiting from strong investment performance, new product launches, and institutional investor demand across its diversified business.