Key points
- Revenue slightly down by 1.9% to $11,163,957
- Profit before tax increased to $937,632, up from $931,000
- Funds under management and administration (FUMA) grew to $4.1 billion
- Strong balance sheet with no debt and $3.9 million in cash reserves
- Completed 12 Equity Partnership Scheme investments
Full summary
The Australian Wealth Advisors Group Ltd (ASX:WAG) has released its FY26 result presentation, highlighting a slight revenue decrease of 1.9% to $11,163,957 but a notable increase in profit before tax to $937,632, up from $931,000 in the previous year. The company's Funds under Management and Administration (FUMA) grew significantly to $4.1 billion. The company maintains a strong balance sheet with no debt and $3.9 million in cash reserves. AWAG completed 12 Equity Partnership Scheme investments, with a pipeline for further growth. The company is well-positioned for industry consolidation and aims to expand its authorized representatives to 150 by December 2026.
Guidance
NPBT for the full year is likely to be notably higher than the 2026 results
Outlook
The Board is pleased with the reported NPBT of $937,632 for the year, with all three operating divisions contributing to this result. AWAG is well positioned to continue this growth going forward. The company is actively positioned to participate in any industry consolidation. NPBT for the full year is likely to be notably higher than the 2026 results.