Release of FY25 Financial Statements
| Stock | Elanor Investors Group (ENN.ASX) |
|---|---|
| Release Time | 10 Mar 2026, 4:40 p.m. |
| Price Sensitive | Yes |
Release of FY25 Financial Statements
- Funds under management of $5.5 billion as at 30 June 2025
- Funds management income of $47.1 million (including transaction related fees), a decrease of 16% on FY24
- Recurring funds management EBITDA of $9.0 million (FY24: $12.5 million)
- FY25 Core Earnings loss of $8.9 million (FY24: $12.8 million profit)
Elanor Investors Group (ASX: ENN) has released its financial results for the year ended 30 June 2025 (FY25). The group's funds under management decreased from $6.0 billion to $5.5 billion, primarily due to divestment of certain retail and hotel assets, and softening capitalization rates impacting asset valuations. Funds management income decreased by 16% to $47.1 million, with recurring funds management income of $46.1 million (FY24: $49.4 million) and recurring funds management EBITDA of $9.0 million (FY24: $12.5 million). The group reported a FY25 Core Earnings loss of $8.9 million, compared to a $12.8 million profit in FY24. No distribution was paid for the year. The group has been focused on stabilizing its balance sheet, with a debt reduction strategy from asset realizations, a $125 million recapitalization with Rockworth Capital Partners, and cost management initiatives. The group also announced a leadership transition, with Tony Fehon appointed as interim Managing Director, and an independent Trustee Board being implemented for the managed funds to enhance the governance model.