• Delivered solid earnings with 21% increase in Net Profit After Tax
• Expanded broker network to over 4,200 active brokers
• Launched Broker Investments program to support broker partners

Australian Finance Group Ltd (AFG) held its Annual General Meeting on 17 October 2025, where the Chair, Greg Medcraft, and CEO, David Bailey, addressed shareholders. The company reported solid earnings for the financial year ended 30 June 2025, with Net Profit After Tax increasing by 21% to $35 million and Underlying Net Profit After Tax and before Amortisation rising to $40.8 million, a 13% uplift. The company's diversified business model, disciplined capital allocation, and ability to adapt to market conditions were credited for the strong performance. AFG continued to invest in technology and strategic growth, with enhancements to its broker productivity and engagement, and the successful acquisition of Fintelligence. The company also launched its Broker Investments program, marking an evolution of its broker partnership model and broadening its earnings base. AFG's securitised lending business saw a 53% increase in earnings, and the company championed the introduction of a government-backed Residential Mortgage-Backed Securitisation (RMBS) scheme to enhance competition in the home lending market. Looking ahead, the company remains confident in its ability to scale, with ambitious aspirations for FY29 including a $9 billion AFG Securities book and a long-term net interest margin of 120 basis points. The first quarter of FY26 has seen record residential lodgement volumes and a strong performance from AFG Securities, positioning the company well to capture growth opportunities in the evolving industry.

AFG has outlined its aspirations for FY29, including a $9 billion AFG Securities book and a long-term net interest margin of 120 basis points.

AFG remains confident in its ability to scale, with ambitious aspirations for FY29. The company is well positioned to capture growth opportunities in the evolving industry, supported by favorable market conditions, its position as the channel of choice for lenders and consumers, and its resilience through market cycles.