Key points
- Revenue increased by 29% to $35.9 million
- Profit after tax from ordinary activities rose 97% to $1.4 million
- Earnings per share (EPS) increased significantly by 355% to 0.50 cents
- Dividends paid out totaled $1.39 million
- Net tangible assets per share increased by 27% to 4.08 cents
Full summary
AF Legal Group Ltd released its FY26 Annual Report, showcasing significant growth. Revenue climbed 29% to $35.9 million, driven by a 23% increase in Family Law and a 27% rise in Contested Wills & Estates. Profit after tax from ordinary activities surged 97% to $1.4 million, while normalized NPBT attributable to owners reached $1.82 million. Earnings per share (EPS) increased dramatically by 355% to 0.50 cents, and dividends paid out totaled $1.39 million. The company also reported a 27% increase in net tangible assets per share to 4.08 cents. Despite one-off expenses impacting statutory results, the company anticipates fewer normalized costs in FY27, with revenue expected to expand further.
Guidance
Normalized NPBT attributable to owners is expected to be above $1.8 million for FY27.
Outlook
The company expects continued revenue expansion and improved profitability in FY27, with a favorable gap between top-line growth and bottom-line growth.