Chair's Address to Shareholders - 2025 AGM

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Stock K2 Asset Management Holdings Ltd (KAM.ASX)
Release Time 18 Nov 2025, 8:21 a.m.
Price Sensitive Yes
 K2 Asset Management reports strong FY25 results
Key Points
  • Achieved 17% revenue growth and returned to profitability
  • Paid first dividend of 0.5 cents per share
  • Funds under management increased to $5 billion
  • Outlined growth opportunities across three business pillars
Full Summary

K2 Asset Management Holdings Ltd celebrated 26 years of operations in FY25, a testament to the resilience, integrity, and expertise underpinning the business. During the year, the company achieved strong revenue growth of 17% to $6.15 million, marking a return to profitability with a net profit after tax of just over $340,000. This allowed K2 to declare and pay a fully franked dividend of 0.5 cents per share, reflecting the company's commitment to returning value to shareholders. Operating expenses were also reduced during the year, even as K2 increased investment in employee costs and talent, underscoring its ability to maintain cost discipline while driving growth. The group's assets under management increased from $4.3 billion to $5.0 billion, a reflection of investor confidence and the continued support of K2's valued clients and partners. The company's cash reserves of $8.6 million provide financial resilience and flexibility to fund organic growth, support strategic investments, and pursue potential acquisitions aligned with K2's long-term objectives. Looking ahead, the company outlined growth opportunities across its three business pillars: Responsible Entity and Trustee Services, Funds Management and Investment Advisory, and Exchange Traded and Listed Fund Services. K2 is well-positioned to capture market share and drive sustainable, profitable growth in the years to come.

Guidance

K2 Asset Management expects to continue its strong revenue growth and profitability in the 2026 financial year, with a focus on expanding its Responsible Entity and Trustee Services, Funds Management and Investment Advisory, and Exchange Traded and Listed Fund Services offerings.

Outlook

K2 Asset Management is confident in its ability to capitalize on growth opportunities across its three business pillars, underpinned by the strength of its balance sheet and reputation as a trusted partner in the Australian financial services sector. The company remains committed to delivering long-term value to shareholders through sustainable profitability and a consistent dividend program.