• Highest ever revenue of $27.6 million, up 27% on FY24
• Normalised NPBT attributable to owners up 77% to $1.4 million
• Significant one-off expenses and charges of $1.501 million

AF Legal Group Ltd has released its FY25 Annual Report, reporting its highest ever revenue of $27.6 million, up 27% on FY24. The company delivered normalised NPBT attributable to the owners of AF Legal Group Ltd of $1.4 million, up 77% on the prior year (FY24: $0.8 million). During FY25, the company incurred several one-off expenses and charges totalling $1.501 million, including business acquisition costs, legal defence fees, and expenses related to the implementation of a new practice management and document management system. The company's second Great Place to Work survey saw its internal team member approval metric rise from 53% in mid-2023 to 84% in October 2024. The company has continued to expand its geographic footprint, with the acquisition of the Armstrong Legal Criminal division and subsequent recruitment of lawyers in Victoria, Queensland, and the ACT. The company's Contested Wills & Estates division also saw revenue growth of 14% in Q4 FY25. The board and executive continue to identify and consider suitable merger and acquisition opportunities, while also focusing on developing their team members, with 20 promotions announced in June-July 2025.

The company expects a further $1.2 million in costs related to Project Titan in FY26 in order to go live and conclude the project, creating more margin efficiencies.

The company has established considerable revenue momentum during FY25, which it expects to continue building in the early stages of FY26. This momentum will enhance the company's ability to deliver on its growth strategy throughout 2026 and beyond, with a focus on profitable revenue growth and increasing margins through operational leverage.