Appendix 4E and Annual Report to shareholders
| Stock | Investsmart Group Ltd (INV.ASX) |
|---|---|
| Release Time | 19 Aug 2026, 3:18 p.m. |
| Price Sensitive | Yes |
Investsmart Group Ltd Annual Report for FY2026
- Investsmart reported a loss of $576,000 for the year ended 30 June 2026
- Funds under management (FUM) increased by 15% to $753 million
- The company plans to sell the Intelligent Investor business to focus on its core strengths
- The company did not declare a dividend for FY2026
- The company had an on-market share buyback during the year
Investsmart Group Ltd released its Annual Report for the year ended 30 June 2026, reporting a loss of $576,000 compared to a profit of $200,000 in the previous year. The company saw a 15% increase in Funds Under Management (FUM) to $753 million, with management fees increasing by 15% to $4.24 million. Investsmart plans to sell its Intelligent Investor business to Team Invest Private Group Limited for $16 million, less subscriptions and contractual liabilities, to focus on its core strengths. The company did not declare a dividend for FY2026 and had an on-market share buyback during the year.
Investsmart is committed to harnessing technological power to solve the advice needs of all Australians. The company remains confident in its long-term strategy to be Australia's #1 digital wealth platform.