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Heartland Group Holdings Limited (ASX:HGH)

ALERT: Price-sensitive ASX Announcement for HGH
Current share price for HGH : $1.030 0.29 (39.19%)+
Announcement
Release
21 Aug 2025 7:30AM
Price at Release
$0.740
Full Release
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Summary
Heartland Group Holdings Limited (HGH) announced their results for the financial year ending 30 June 2024 (FY2024) and provided an outlook for the financial year ending 30 June 2025 (FY2025). The group reported a net profit after tax (NPAT) of $82.0 million for FY2024, which was a decrease compared to the previous year, attributed to higher funding costs and a competitive lending environment. Growth was seen in their core business segments, particularly in reverse mortgages and livestock financing. The company remains focused on improving operational efficiency, digital transformation, and prudent capital management. For FY2025, Heartland expects to improve profitability through continued growth in key segments, disciplined cost control, and investment in digital platforms to enhance customer experience. The outlook includes a forecasted NPAT of $88 million to $93 million, contingent on stable economic conditions and competitive dynamics.
Key Points
  • Heartland Group Holdings Limited reported FY2024 NPAT of $82.0 million, down from the prior year due to higher funding costs and competitive lending.
  • Core business segments such as reverse mortgages and livestock finance experienced growth.
  • Focus areas remain on digital transformation, operational efficiency, and prudent capital management.
  • FY2025 outlook includes forecasted NPAT of $88 million to $93 million, subject to market conditions.
  • Continued investment in digital platforms is expected to drive customer experience improvements and operational scalability.
  • Company remains committed to disciplined cost management and growth in selected segments.
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.