FY25 Appendix 4E & Annual Report
| Stock | 360 Capital Group (TGP.ASX) |
|---|---|
| Release Time | 25 Aug 2025, 9:54 a.m. |
| Price Sensitive | Yes |
360 Capital Group Reports FY25 Results
- Statutory profit up 1,394.1% to $4.8 million
- Operating profit up 15.2% to $7.7 million
- Distributions and dividends of 3.5 cents per security
360 Capital Group has reported a strong financial performance for the year ended 30 June 2025. Statutory profit attributable to securityholders increased by 1,394.1% to $4.8 million, while operating profit grew by 15.2% to $7.7 million. The Group's earnings per security also saw significant improvements, with basic EPS up 2,200.0% to 2.3 cents and operating EPS up 19.4% to 3.7 cents. Despite the strong profit growth, the Group maintained its distributions and dividends at 3.5 cents per security, in line with the prior year. The Group's net asset value per security increased by 1.3% to $0.80. Operationally, the Group continued to grow its real estate credit activities, writing $109.6 million in loans through its 360 Capital Private Credit Fund and 360 Capital Mortgage REIT. The Group also increased its ownership in 360 Capital REIT (ASX:TOT) from 39.1% to 43.1% and secured new 10-year investment management agreements for both the 360 Capital Mortgage REIT and 360 Capital REIT. During the year, the Group bought back and cancelled a total of 14.0 million securities under its on-market and off-market buy-back programs.
The Group does not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.
The Group does not provide any forward-looking outlook in the announcement.