Appendix 4D & Half Year Financial Report

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Stock Af Legal Group Ltd (AFL.ASX)
Release Time 27 Feb 2026, 8:41 a.m.
Price Sensitive Yes
 AF Legal Group Ltd reports strong H1 FY26 results
Key Points
  • Revenue up 40% to $17.8 million, a new half-year record
  • Normalised net profit before tax up 125% to $1.263 million
  • Continued focus on growth, brand and reputation, and Project Titan
Full Summary

AF Legal Group Limited reported strong financial results for the first half of FY26, with revenue up 40% to a new half-year record of $17.8 million and normalised net profit before tax up 125% to $1.263 million. The revenue growth was driven by strong performance across all divisions, including a 17% increase in Family Law, a 26% increase in Contested Wills & Estates, and a 37% increase in Criminal Law. The company was able to leverage its relatively fixed cost base, with expenses increasing at a lower rate than revenue. The company also made progress on several strategic initiatives, including strengthening its position as a national thought leader, improving client onboarding and lead conversion, and continuing the implementation of Project Titan to replace legacy practice and document management systems. The company remains focused on its long-term growth ambitions, targeting $50 million in revenue and improved profit margins.

Guidance

The company is targeting $50 million in revenue and an improved profit margin, which would see a profit attributable to shareholders of $5 million, to be achieved in the coming years.

Outlook

The company expects Q3 to broadly align with Q2, with Q4 experiencing some seasonal slowdowns around Easter, though these should be more than offset by recent and ongoing hires and a generally strong period in May and June. The company remains committed to its long-term growth ambitions, supported by a combination of organic expansion and targeted inorganic opportunities.