AEF Half Year Results 31 December 2025
| Stock | Australian Ethical Investment Ltd (AEF.ASX) |
|---|---|
| Release Time | 26 Feb 2026, 8:19 a.m. |
| Price Sensitive | Yes |
Australian Ethical Delivers Strong Half-Year Financial Results
- Underlying profit after tax up 25% to $14.4 million
- Net profit after tax up 42% to $13.3 million
- Funds under management reached $14.08 billion
Australian Ethical Investment Limited (ASX: AEF) today announced its financial results for the half-year ending 31 December 2025, with Underlying Profit After Tax (UPAT) of $14.4 million, up 25% on the prior comparative period and Net Profit After Tax (NPAT) attributable to shareholders of $13.3 million, up 42%. The ethical investment manager reached a new Funds Under Management (FUM) milestone of $14 billion during the period, ending the year at $14.08 billion. Over the last 5 years, Australian Ethical has seen strong growth, with FUM increasing nearly threefold, from $5 billion in December 2020 to over $14 billion at 31 December 2025. During this period, underlying diluted EPS has grown at a 24% compound annual growth rate over this period. The company has also continued to advocate for higher standards across corporate Australia, engaging with major companies to encourage them to do better. Australian Ethical has also made strategic investments in its business, including transitioning its superannuation member base to a single administration platform and implementing the Charles River front office system for its investment platform.
Australian Ethical expects positive net flows to continue in the second half of FY26, while revenue margins are expected to remain in line with the first half. The company is focused on delivering an improvement of at least 1% in its overall FY26 cost to income ratio compared to FY25, despite a seasonally higher cost profile in the second half.
Looking ahead, Australian Ethical remains focused on executing its strategy to support the next phase of expansion, including building the capabilities to further strengthen its superannuation business and boost its investment products beyond superannuation. With the scale it has now achieved, the company is well positioned to make these investments and continue to deliver growth in profitability.