• Solid roll out of equity investments in financial services practices
• Good results achieved in corporate investments
• Sound growth in FUMA
• Very good NPBT result from operating divisions
• Good pipeline of equity investments and good exposure to industry consolidation opportunities

The board of AWAG is pleased to report its full year result as an ASX-listed company with Net Profit Before Tax (NPBT) of $1,181,079, compared to the loss before tax of $120,647 incurred in the previous year. Group revenue increased 13% to $11,376,639. Since listing, the company has been focused on building out its three operating divisions - corporate services, funds management, and wealth advisory - and each has contributed to this very good result. In corporate services, the company realized positions in Evans & Partners and Sequoia Financial Group, generating returns of over 25% and 20% respectively, and established strategic stakes in other financial services companies. In funds management, the group's Funds under Management & Advice (FUMA) grew to $2.3 billion, from $2.1 billion, reflecting an annual growth of 9.5%. The group's authorised representatives have remained steady at 24. AWAG has finalized due diligence on several business investment opportunities and is targeting to reach eight to ten investments by June 2026. The company is well-positioned to generate good returns for shareholders and clients, leveraging its expertise in the financial services sector and the ongoing industry consolidation.

AWAG is targeting to reach eight to ten equity investments in financial services businesses by June 2026, which are expected to generate revenue for the group.

AWAG is well-positioned to generate good returns for shareholders and clients, leveraging its expertise in the financial services sector and the ongoing industry consolidation. The company expects corporate and capital markets to be strong as the need to deploy excess corporate capital will result in increased corporate activity.