HUB24 1HFY26 Investor Presentation

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Stock HUB24 Ltd (HUB.ASX)
Release Time 19 Feb 2026, 7:46 a.m.
Price Sensitive Yes
 HUB24 reports strong 1HFY26 results
Key Points
  • Record half-year net inflows of $10.7 billion
  • Continued industry recognition as platform market-leader
  • Investing in new solutions and leveraging technology to drive increased growth and opportunity
Full Summary

HUB24 Ltd has reported strong financial results for the first half of the 2026 financial year, with record net inflows, continued industry recognition, and investments in new solutions and technology to support future growth. The company's platform FUA grew by 29% to $127.9 billion, driven by $10.7 billion in net inflows, a company record for a half-year period. HUB24 maintained its position as the #1 platform in Australia, with recognition for innovation, customer service, and product leadership. The company is investing in new solutions, such as the Innovative Lifetime Retirement Solution (IRIS) and the myhub ecosystem, to drive increased growth and opportunity. HUB24's underlying EBITDA grew by 35% to $104.9 million, with the underlying EBITDA margin expanding to 42.7%. Underlying NPAT increased by 60% to $68.3 million, and statutory NPAT increased by 80% to $59.7 million. The company's Tech Solutions and Class businesses also continued to perform strongly, contributing to the group's overall growth and profitability.

Guidance

HUB24 expects group operating expenses to increase by approximately 18-20% in FY26, driven by higher variable expenses supporting the strong growth in FUA and net inflows, further investments to support future scale and new solutions, and accelerated investment into solutions and capabilities to support the group's strategy.

Outlook

HUB24 is investing in new solutions and leveraging technology to drive increased growth and opportunity, with a focus on expanding its retirement solutions, developing the myhub ecosystem, and maintaining its market-leading position. The company is also evolving and investing in its organization to support growth and strategic execution while maintaining market leadership.