InvestSMART

Australian Finance Group Ltd (ASX:AFG)

ALERT: Price-sensitive ASX Announcement for AFG
Current share price for AFG : $1.645 -0.395 (-19.36%)+
Announcement
Release
18 Feb 2026 8:14AM
Price at Release
$2.040
Full Release
download
Summary
Australian Finance Group Ltd (AFG) reported its financial performance for the half-year ended 31 December 2025, highlighting a significant increase in revenue and net profit. Revenue grew by 14.3% to $715 million, and the net profit after tax rose to $22.4 million, marking a 46.4% increase. The company declared a fully franked interim dividend of 4.7 cents per share. The report outlines AFG's operational structure across its three main segments: Distribution, Manufacturing, and Central. The Distribution segment remains the largest contributor to EBITDA. The company's assets stood at $7.924 billion against liabilities of $7.693 billion. The auditor's review confirmed compliance with relevant accounting standards and regulations.
Key Points
  • The report covers the half-year ended 31 December 2025.
  • Revenue from ordinary activities increased by 14.3% to $715 million compared to the previous corresponding period.
  • Net profit after tax (NPAT) for the period was $22.4 million, which is a 46.4% increase from the prior period.
  • The underlying NPAT plus amortisation from continuing operations increased by 42.6% to $24.1 million.
  • An interim dividend of 4.7 cents per share, fully franked, was declared.
  • The company operates in three segments: Distribution, Manufacturing, and Central.
  • The Distribution segment is the largest, contributing 72% of EBITDA, primarily through aggregation services.
  • The Manufacturing segment includes AFG Securities mortgages and contributes 28% of EBITDA.
  • Assets totaled $7.924 billion, and liabilities totaled $7.693 billion, resulting in net assets of $231.4 million as of 31 December 2025.
  • The auditor's review concluded that the financial report complies with the Corporations Act 2001 and presents a true and fair view of the company’s financial position.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.