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AF Legal Group Ltd (ASX:AFL)

ALERT: Price-sensitive ASX Announcement for AFL
Current share price for AFL : $0.130 -0.04 (-23.53%)+
Announcement
Release
27 Feb 2026 8:52AM
Price at Release
$0.170
Full Release
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Summary
AF Legal Group Ltd reported strong financial results for the first half of FY26, with revenue reaching a record $17.8 million, representing a 40% increase from the prior corresponding period. The company achieved a normalized net profit before tax (NPBT) attributable to owners of $1.263 million, a 125% increase from the prior period, and a 54% increase from the second half of FY25. EBITDA also rose by 60% to $2.75 million. The growth was attributed to strong performance across all divisions, including family law, contested wills and estates, and criminal law. The company continued to focus on expanding its legal team and improving operational efficiencies, leading to higher margins. Project Titan, a cloud-based platform initiative, progressed well and is expected to enhance technological capabilities. The company's CEO, Chris McFadden, highlighted the strategic growth and expected further improvements in profitability for the full year of FY26.
Key Points
  • Record half-year revenue of $17.8 million.
  • Normalized NPBT attributable to owners grew 125% to $1.263 million.
  • EBITDA increased by 60% to $2.75 million.
  • Strong revenue growth across all divisions.
  • Project Titan cloud-based platform initiative is on track.
  • Significant increase in legal team size by 32%.
  • Continued strategic focus on operational efficiencies and growth.
  • Positive outlook for further profitability improvement in FY26.
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.