Key points
- Record AUM of USD 34 billion up 21% year-over-year
- Revenue increased by 1% to USD 207 million
- Adjusted EBITDA decreased by 10% to USD 102 million
- Net Profit After Tax decreased by 82% to USD 21 million
- Net Assets increased by 17% to USD 930 million
Full summary
Navigator Global Investments Ltd's 2026 full-year results show a 21% increase in total firm-level assets under management (AUM) to USD 34 billion. The company's revenue increased by 1% to USD 207 million, while adjusted EBITDA decreased by 10% to USD 102 million. The net profit after tax dropped significantly by 82% to USD 21 million. Net assets rose by 17% to USD 930 million. The company's AUM growth was driven by consistent investment performance and net inflows across both business segments. The revenue growth was primarily due to higher management fees, while the decrease in adjusted EBITDA was attributed to lower NGI Strategic Portfolio distributions from certain Partner Firms. The significant drop in net profit after tax was due to unrealized gains and losses on investments at fair value recognized in the profit and loss.
Guidance
Navigator Global Investments Ltd expects to see material distributions from the NGI Stable Growth Portfolio from FY27.
Outlook
Navigator Global Investments Ltd is optimistic about its future earnings, driven by higher Lighthouse base and performance fees, and expects material distributions from the NGI Stable Growth Portfolio from FY27.