FY25 Appendix 4E and Financial Reports

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Stock GLF.ASX (GLF.ASX)
Release Time 25 Feb 2026, 8:31 a.m.
Price Sensitive Yes
 FY25 Appendix 4E and Financial Reports
Key Points
  • Statutory net profit after tax of $48.2 million, down 13.4% from 2024
  • Revenues from ordinary activities up 5.8% to $281.7 million
  • Completed successful IPO and listed on ASX in July 2025
Full Summary

GemLife Communities Group (GLF), a stapled group comprising GemLife Group Ltd and several trusts, reported its financial results for the year ended 31 December 2025. The statutory net profit after tax for the year amounted to $48.2 million, down 13.4% from $55.6 million in the previous year. The statutory net profit after tax includes $18.1 million in one-off restructure and IPO costs. Revenues from ordinary activities increased 5.8% to $281.7 million. During the year, the company undertook a share subdivision and successfully completed its Initial Public Offering (IPO), with the stapled group being listed on the Australian Securities Exchange (ASX) on 3 July 2025. The stapled group was restructured on 7 July 2025, with the shares of the company being stapled to units of 10 trusts. The company's investment property portfolio as at 31 December 2025 was valued at $1,385.1 million, comprising a total of 33 communities and 10,413 homes upon completion, of which 2,116 homes were sold and occupied as at the reporting date.