Media Release - 2026 Full Year Results
K2 Asset Management Holdings Ltd
Key points
- FY26 revenue: $6.1 million
- Net loss after tax: $0.48 million
- Total AUM: $4.7 billion
- Strategic initiatives to reduce cost base
- Strong balance sheet with $7.3 million cash reserves
Full summary
K2 Asset Management Holdings Ltd announced its full-year results for the period ending 30 June 2026. The company reported resilient revenue of $6.1 million, with Assets Under Management (AUM) totaling $4.7 billion. Although K2 reported a net loss after tax of $0.48 million for FY26, the company highlighted continued growth across its core service offerings and the successful completion of strategic initiatives expected to reduce the Group's cost base. The company's Board undertook a strategic review and resolved to focus on core businesses, which is expected to deliver meaningful ongoing cost savings and improve operating leverage from FY27 onwards. K2 remains committed to growing its investment management capabilities and continues to support a growing number of investment managers and managed investment schemes.
Guidance
FY27 expected to show improved profitability due to cost savings
Outlook
The Board expects the benefits of the initiatives undertaken during FY26 to become increasingly evident throughout the coming financial years, as cost savings are realized and operating leverage improves.