Key points
- Normalised NPBT attributable to owners of AF Legal Group of $1.82 million, up 32% on prior corresponding period (pcp)
- Revenue growth of 29% on pcp, with average weekly revenue of $683k
- Well positioned for further profitable growth with new systems, increased expertise and strengthened senior management team
Full summary
Af Legal Group Ltd announced its FY26 results, reporting a normalised Normalised NPBT attributable to owners of $1.82 million, a 32% increase from the prior corresponding period. The company achieved revenue of $35.5 million, a 29% increase year-over-year. Family Law grew by 23%, Contested Wills & Estates by 27%, and Criminal Law by 151%. Average weekly revenue reached a full-year high of $683k, with Q4 at $694k. The first eight weeks of FY27 saw average weekly revenue increase to over $730k, and more than $770k over the past four weeks. The company also completed the upgrade of its Practice Management System, Document Management System, and associated modules, which are now delivering improved efficiency and functionality.
Guidance
FY27 expected to see revenue growth with improved operating leverage at normalised NPBT level
Outlook
Financial year 2027 is anticipated to see revenue growth with continued operating leverage at a normalised NPBT level. The company expects to re-establish a more favourable differential between top-line and bottom-line percentage growth as has been their prevailing pattern in previous years.