June 2026 Business Update

Open PDF
Stock Investsmart Group Ltd (INV.ASX)
Release Time 29 Jul 2026, 9:48 a.m.
Price Sensitive Yes
 InvestSMART Group June 2026 Business Update
Key Points
  • Update on proposed sale of Intelligent Investor to TIP
  • Operating income up 5% to $9.82 billion
  • Funds Under Management increased by 10% to $753 million
  • Expected operating loss of approximately $430k for the year
Full Summary

InvestSMART Group Limited (ASX: INV) provided a business update for the quarter ending 30 June 2026. The company reported an increase in Funds Under Management (FUM) by 10% to $753 million, with growth in both its Professionally Managed Accounts (PMA) platform and Intelligent Investor ETFs. Operating income increased by 5% to $9.82 billion, though the company expects to report an operating loss of approximately $430k for the year. The proposed sale of Intelligent Investor to TIP remains conditional. The company also announced an on-market share buyback and the resignation of the Company Secretary, effective 26 June 2026.

Guidance

Expected operating loss of approximately $430k for FY2026

Outlook

InvestSMART plans to focus on growing its wealth advice business through the InvestSMART platform with the addition of financial advisers.