Key points
- Record net inflows of $9.7 billion
- Group FUM grew 37% to $46.5 billion
- Underlying NPAT increased by 21% to $40.7 million
Full summary
Generation Development Group Ltd announced its FY26 financial results, showcasing robust growth across key metrics. The Group reported record net inflows of $9.7 billion, leading to a 37% increase in funds under management (FUM) to $46.5 billion. This growth was driven by strong performances in Generation Life and Evidentia, with FUM expanding by 35% and 37% respectively. Underlying net profit after tax (NPAT) rose by 21% to $40.7 million, supported by a 23% increase in group revenue to $178.7 million. The company also highlighted its strategic investments in technology and product capabilities, positioning itself for future growth.
Guidance
FY27 expected strong FUM growth, stable product revenue margins, and operating expense growth in line with FY26
Outlook
Generation Development Group Ltd expects FY27 to benefit from ongoing structural growth trends and strategic investments, with continued expansion in FUM and stable revenue margins.