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Smartgroup Corporation Ltd (ASX:SIQ)

ALERT: Price-sensitive ASX Announcement for SIQ
Current share price for SIQ : $12.550 4.51 (56.09%)+
Announcement
Release
28 Aug 2025 8:17AM
Price at Release
$8.040
Full Release
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Summary
Smartgroup Corporation Ltd's Appendix 4D and Half Year Report for the period ending 30 June 2025 shows a positive financial performance, with a 7% increase in revenue to $159.1 million compared to the previous period. Driven by higher novated leasing volumes and new client acquisitions, the company reports a 13% increase in Operating EBITDA to $63.6 million and a net profit after tax of $38.1 million, marking an 11% increase from the previous year. The interim dividend declared is 19.5 cents per share, fully franked, payable on 23 September 2025, with a total estimated distribution of $26.5 million. The report highlights Smartgroup's strategic focus on leveraging operational efficiencies and cost management to sustain growth.
Key Points
  • Revenue increased by 7% to $159.1 million.
  • Operating EBITDA rose by 13% to $63.6 million.
  • Net profit after tax was $38.1 million, up 11%.
  • Interim dividend of 19.5 cents per share declared.
  • Total estimated dividend distribution is $26.5 million.
  • Focus on novated leasing and new client wins.
  • Continued investment in growth and customer experience.
  • Strategic priorities include operational efficiency and cost management.
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.