Chair's Address to Shareholders

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Stock EUROZ Hartleys Group Ltd (EZL.ASX)
Release Time 24 Nov 2025, 3:26 p.m.
Price Sensitive Yes
 Euroz Hartleys Group Ltd Releases FY2025 Trading Update
Key Points
  • Modest improvement in market activity and volumes after two difficult years
  • Reported net profit after tax of $10.3 million, up 87.7% year-on-year
  • Paid full year dividends of 5.5 cents per share fully franked
Full Summary

Euroz Hartleys Group Ltd has reported a modest improvement in market activity and volumes during the past financial year, after two quite difficult and inconsistent years. The company reported net profit after tax (attributable to members) of $10.3 million for the financial year 2025, an improvement of 87.7% over the previous financial year. Euroz Hartleys also reported and paid full year dividends of 5.5 cents per share fully franked, up from 4.75 cents in the previous financial year. The company set an internal budget of $100 million in Group revenue and reported actual revenues of $98.7 million, demonstrating improving operating leverage. Euroz Hartleys continues to invest in its youth and succession, with the third year of its graduate program ensuring an inflow of talented individuals. The company's brokerage revenues, equity capital markets (ECM) raisings, and advisory revenues all showed positive trends, with the first four months of the current financial year starting very well. Euroz Hartleys plans to continue to embrace both transactional and recurring revenues, with a focus on growing its funds under management (FUM), which increased by 14.3% to $4.45 billion. The company remains optimistic about its financial outlook and market position, leveraged to a solid long-term outlook for commodity prices, a positive Western Australian economy, and a growing need for financial advice.

Guidance

Euroz Hartleys Group Ltd reported unaudited net profit after tax (NPAT) of ~$8.3 million on revenue of ~$48.9 million for the four months to 31 October 2025, up ~66% on the previous corresponding period (NPAT ~$5m for 4 months to 31 October 2024). The company's group FUM increased to approximately ~$4.9 billion as at 31 October 2025.

Outlook

Euroz Hartleys Group Ltd remains optimistic that its financial outlook and market position have improved, and that its business remains strongly leveraged to a solid long-term outlook for commodity prices, a positive Western Australian economy, and a growing need for meaningful and holistic financial advice.