2025 AGM - Chairman's Address and MD Presentation
| Stock | Prime Financial Group Ltd (PFG.ASX) |
|---|---|
| Release Time | 28 Nov 2025, 8:36 a.m. |
| Price Sensitive | Yes |
Prime Financial Group Ltd reports FY25 results
- Achieved $50 million in revenue, with a run rate revenue exceeding $55 million
- Maintained steady headcount in centralised/shared services team
- Acquired $17 million in revenue over the last three years via four transactions
- Substantial increase in funds under management by approximately $600 million
Prime Financial Group Ltd (ASX:PFG) reported another period of strong growth in FY25, delivering on its financial guidance and continuing to build scale in the business both organically and via acquisition. The company achieved approximately $50 million in revenue, with a run rate revenue exceeding $55 million from continuing operations, marking a significant milestone and more than doubling its run rate revenue from FY22. Prime maintained a steady headcount in its centralised/shared services team, ensuring robust support for business growth. The company's largest M&A transaction in the past three years, valued at approximately $10 million in revenue (Lincoln Indicators (Lincoln)), underscores its strategic focus on expansion. In total, Prime acquired $17 million in revenue over the last three years via four transactions, dedicating additional resources to M&A and integration activities to support this growth trajectory. To further bolster its financial capabilities, Prime secured an upgraded funding facility of $41 million with Westpac. The company's asset management capability saw a substantial increase in funds under management (FUM) by approximately $600 million, via Lincoln, which also contributed to an expanded high-net-worth (HNW) client base, by a factor of 10X, adding 3,300 new clients. Prime's Wealth offering expanded to include investment research, paid subscriptions, and additional equity managed funds/solutions, strengthening its ability to meet the evolving needs of its clients. The company also continued to deepen its professional services support for business owners across financing, funding, growth, succession, and accounting needs.
Prime expects to continue to grow revenue in FY26 by 15-20%, underlying EBITDA by 20-25% and operating cashflow by 125-150%, while remaining on track to generate $100 million in revenue and a 30% underlying EBITDA margin between FY28-FY30.
Prime remains committed to its client-centric ethos, integrating advanced technology and digital tools while preserving the personal touch and trusted relationships that set it apart. The current market environment, characterized by rapid change, technological innovation, and regulatory developments, presents both opportunities and challenges for the company.