• Revenue up 19.7% to $27.0 million
• Underlying EBITDA increased 11.2% to $9.1 million
• Statutory profit after tax down 18.2% to $5.2 million

Eureka Group Holdings Limited reported a statutory profit before tax of $7.82 million (31 December 2024: $9.21 million) and a statutory profit after tax of $5.21 million (31 December 2024: $6.36 million) for the six months ended 31 December 2025. Statutory profit after tax was impacted by charges relating to acquisition transaction costs on recently acquired investment properties and GST adjustments arising from an ATO review during the period. Underlying EBITDA increased by 11% to $9.08 million (31 December 2024: $8.17 million) and underlying profit before tax increased by 14% to $6.14 million (31 December 2024: $5.38 million). Growth in the Group's revenue and underlying earnings reflected organic growth in existing rental villages, contributions from acquisitions and developments, and improved maintainable earnings. The Group recorded a $3.76 million net gain on change in fair value of investment properties and investments in joint ventures (31 December 2024: $4.59 million). During the half-year, the Group invested $60.30 million across acquisitions, development activity, and capital expenditure, including four All-age rental community acquisitions. Net cash flows from operating activities were $7.17 million (31 December 2024: $1.24 million), and net cash used in investing activities was $60.75 million (31 December 2024: $15.71 million). Drawn interest-bearing debt was $113.40 million (30 June 2025: $57.20 million) with undrawn capacity of $71.60 million at balance date.

The Group expects the second-half result for FY26 to reflect a more complete run rate for current-period investment property acquisitions.