Half Yearly Report and Accounts

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Stock EUROZ Hartleys Group Ltd (EZL.ASX)
Release Time 24 Feb 2026, 5:08 p.m.
Price Sensitive Yes
 Euroz Hartleys Group Ltd Reports Strong First Half Results
Key Points
  • Net profit after tax up 121.26% to $13.84 million
  • Equity capital market raisings up 84% to $1.78 billion
  • Wealth management fees up 12% to $12.3 million
  • Interim dividend of 2.5 cents per share fully franked
Full Summary

The Directors of Euroz Hartleys Group Limited announce a net profit after tax (attributable to members) of $13,840,000 for the 6 months to 31 December 2025, up 121.26% from the previous corresponding period. Equity Capital Market (ECM) raisings remained the most important leverage in the business, increasing 84% to approximately $1,780,900,000. ECM revenues were up 56% to $35,648,000, while corporate advisory revenue increased 533% to $5,217,000. Brokerage income for the half-year was up 31% to $21,222,000, and wealth management fees increased 12% to $12,298,000. The Group's combined Funds Under Management as at 31 December 2025 was $5,095,082,000, up from $4,449,830,000 as at 30 June 2025. The company's cash and investments at fair value totaled $94,292,000, providing a strong financial position. During the half-year, the company returned $23,075,000 of excess capital to shareholders by way of an equal capital reduction. The Directors have approved a fully franked interim dividend of 2.5 cents per share, payable in February 2026.

Guidance

The company expects the remainder of the financial year to continue to deliver stronger underlying organic Funds Under Management growth. The company's second half-year performance and final dividend will be dependent on market sentiment, commodity prices and ECM activity.

Outlook

The company will continue to embrace both transactional and recurring revenues, and expects the remainder of the year to deliver stronger underlying organic Funds Under Management growth.