Key points
- FY2026 net revenue and other income of $33.1M, up 15.6%
- EBITDA of $8.2M, up 19.5%
- Net tangible assets increased to $2.4M from $(1.4)M
- Fully franked dividends of 1.0 cps declared for FY2026
- Company positioned for growth with a strong balance sheet and capital management
Full summary
WT Financial Group Limited (ASX: WTL) announced its FY2026 financial results, showcasing a solid performance with key metrics showing significant improvement. Net revenue and other income increased by 15.6% to $33.1 million, while EBITDA rose by 19.5% to $8.2 million. The company's net tangible assets also improved to $2.4 million from $(1.4) million in the previous year. WTL declared fully franked dividends of 1.0 cents per share, totaling approximately $3.42 million. The company's balance sheet remains strong, with cash and cash equivalents at $16.8 million and net current assets at $11.0 million. WTL is well-positioned for future growth, supported by its robust financial position and strategic initiatives.
Outlook
WT Financial Group is poised for continued growth, leveraging its strong platform and strategic initiatives to capture market opportunities. The company expects to benefit from industry reforms and increased demand for financial advice.