• Consistent revenue growth across resilient and diverse service lines and client base
• EBITDA margin excluding elevated spend on litigation defence and regulator reviews would be 35.1%
• Trustee Wealth Services and Corporate & Superannuation Trustee Services segments deliver strong growth

EQT Holdings Ltd, a leading provider of trustee services in Australia, has reported strong financial results for the first half of the 2026 financial year. The company's revenue grew by 11.8% to $100 million, driven by solid performance across its core business segments. The Trustee Wealth Services (TWS) division saw revenue increase by 9.8%, with growth in the Estate Management and Health & Personal Injury business units. The Corporate & Superannuation Trustee Services (CSTS) segment also delivered a strong result, with revenue up 15.1% due to new business wins and growth from existing clients. Underlying net profit before tax (NPBT) increased by 24.5% to $30.3 million, though the company's EBITDA margin was impacted by elevated costs related to litigation defence and regulatory reviews. Excluding these one-off expenses, the EBITDA margin would have been 35.1%. The company's balance sheet remains strong, with $220.4 million in cash and liquid investments and low debt levels. EQT has also successfully renegotiated its corporate debt facility, moving to a single $60 million facility with a term to 31 December 2027.Looking ahead, EQT has outlined four key strategic priorities for FY26: continuing the uplift of its CTS operating model, executing a strategic review of the Superannuation Trustee Services (STS) business, delivering productivity gains from technology investments, and progressing the resolution of the ASIC Shield matter.

EQT Holdings Ltd has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

EQT Holdings Ltd has not provided any comprehensive forward-looking outlook statements in the announcement. The key strategic priorities outlined for FY26 include continuing the uplift of the CTS operating model, executing a strategic review of the Superannuation Trustee Services business, delivering productivity gains from technology investments, and progressing the resolution of the ASIC Shield matter.