MA Financial delivers FY25 financial result
| Stock | MA Financial Group Ltd (MAF.ASX) |
|---|---|
| Release Time | 19 Feb 2026, 8:57 a.m. |
| Price Sensitive | Yes |
MA Financial delivers 35% underlying net profit growth in FY25
- Record annual fund inflows of $4.1 billion, up 82% on FY24
- Finsure managed loans up 26% on FY24 to $175 billion
- MA Money loan book grew 148% on FY24 to $5.2 billion
MA Financial Group Limited (the Group; MA Financial; ASX: MAF) is pleased to present its financial results for the 12 months to 31 December 2025. The Group reported a 35% increase in underlying net profit after tax, with underlying revenue up 25% to $382.4 million and underlying EBITDA up 30% to $113.0 million. Assets under Management (AUM) were up 49% to $15.3 billion, driven by record annual fund inflows of $4.1 billion, up 82% on FY24. The Lending & Technology business, which includes Finsure and MA Money, contributed 26% of the Group's underlying EBITDA, up 118% on FY24. Finsure continued to grow strongly, increasing managed loans on its platform by 26% to $175 billion, while MA Money's loan book grew 148% to $5.2 billion. Corporate Advisory fees were up 26% to $63 million, reflecting increased M&A activity and capital solutions work. The Group expects underlying EPS in FY26 to be materially higher than FY25, with earnings skew to 2H26. Key priorities for FY26 include growing the US Private Credit platform, extending Asset Management distribution capabilities into New Zealand, and continued investment in brand awareness.
In FY26 the Group anticipates: net fund inflows (ex institutional) expected to be up on FY25; transaction based revenue expected to be broadly in line with FY25, subject to market conditions; MA Money is tracking to deliver $20 million NPAT in FY26 with potential for upside contingent on market conditions; Corporate Advisory revenue per executive to be within the Group's $1.1 million to $1.3 million target range; earnings headwind from investment in strategic growth initiatives to reduce to $6-8 million (FY25: $10 million).
Underlying EPS in FY26 is expected to be materially higher than FY25 as MA Money scales and all divisions continue to demonstrate positive earnings momentum. The Group's earnings skew to 2H is expected to continue in FY26.