Aspen Group - FY26 Results Presentation

• FY26 Pre Tax Comprehensive Income up 17% to 45 cents per security
• Underlying Net Profit After Tax up 44% to $49.1 million
• New Development Approvals for 716 Sites in 12 Months
• Upgraded FY27 Guidance
• Sold Eureka (EGH) Stake in FY25

Aspen Group presented its FY26 financial results, highlighting a 17% increase in pre-tax comprehensive income per security to 45 cents, and a 44% rise in underlying net profit after tax to $49.1 million. The company achieved a 21% increase in net rental income and a 6% expansion in its rental pool, maintaining competitive rents while improving net rental income margins. Development revenue surged by 65%, driven by a 71% increase in realized development profit. Aspen Group also sold its Eureka (EGH) stake in FY25. The company secured new development approvals for 716 sites across 25 projects, diversifying its portfolio by product type, customer base, and geography. Aspen Group upgraded its FY27 guidance, anticipating continued growth in its platform and portfolio.

FY27 Settlement Guidance: 240 YTD

Aspen Group expects continued growth in its platform and portfolio, driven by new development approvals and a diversified property portfolio.