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Generation Development Group Limited (ASX:GDG)

ALERT: Price-sensitive ASX Announcement for GDG
Current share price for GDG : $3.560 -2.81 (-44.11%)+
Announcement
Release
28 Aug 2025 8:25AM
Price at Release
$6.370
Full Release
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Summary
Generation Development Group Limited reported substantial financial growth for the year ending 30 June 2025, with an 88% increase in revenue and a 555% increase in net profit. Earnings per share significantly rose to 11.63 cents. The company completed a full acquisition of Lonsec Holdings Pty Ltd during the period. Despite this growth, net tangible assets per security saw a decline. The company announced dividends for the current year, with a notable emphasis on its dividend reinvestment plan linked to market prices. Overall, the company's financial performance reflects a strong expansion and strategic acquisitions during the reported period.
Key Points
  • Generation Development Group Limited's revenue increased by 88% to AUD 626,831,000.
  • Net profit attributable to members rose by 555% to AUD 38,247,000.
  • Earnings per share for the current period is 11.63 cents, up from 3.01 cents.
  • Final 2024 dividend was paid on 7 October 2024, and interim 2025 dividend on 3 April 2025.
  • Net tangible assets per security decreased to -9.36 cents from 107.75 cents.
  • Lonsec Holdings Pty Ltd is now fully owned by GDG following a complete acquisition.
  • The dividend reinvestment plan’s allocation price is based on the ASX market price from 10 to 16 September 2025.
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.