Appendix 4E and Annual Report to shareholders
| Stock | Sequoia Financial Group Ltd (SEQ.ASX) |
|---|---|
| Release Time | 28 Aug 2026, 2:08 p.m. |
| Price Sensitive | Yes |
Sequoia Financial Group Ltd Annual Report for FY2026
- Revenues down 15% to $105.4m
- Statutory loss of $8.6m
- No final dividend declared
- Ongoing legal proceedings and challenges
Sequoia Financial Group Ltd reported a challenging financial year for 2026, marked by a substantial decline in revenues and a significant statutory loss. The company's revenues dropped 15% to $105.4 million, and the statutory loss after tax was $8.6 million, compared to a profit of $3.2 million in the previous year. The Board revoked the interim dividend declared earlier in the year, and no final dividend will be declared for FY2026. The company is also dealing with several legal challenges, including proceedings by ASIC and a case against the Australian Financial Complaints Authority (AFCA). Despite these challenges, the company remains committed to restoring momentum and building long-term value for shareholders.
Revenues down 15% to $105.4m, statutory loss of $8.6m, no final dividend declared
Sequoia Financial Group Ltd approaches FY2027 with measured optimism, recognizing the challenges ahead as it continues to address the legal issues and stabilize the InterPrac business.