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HMC Capital Limited (ASX:HMC)

ALERT: Price-sensitive ASX Announcement for HMC
Current share price for HMC : $2.780 -0.18 (-6.08%)+
Announcement
Release
24 Feb 2026 9:07AM
Price at Release
$2.960
Full Release
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Summary
HMC Capital Limited announced its half-year results for the period ending 31 December 2025, showcasing significant growth in recurring funds management earnings. The company reported a 34% increase in management fees, indicating strong investor demand and progress in expanding assets under management (AUM) across its various verticals, including real estate, private credit, and digital infrastructure. The company also reaffirmed its FY26 pre-tax operating EPS target of at least 40 cents per share. Key operational highlights include strategic partnerships, such as the one with KKR for the HMC Energy Transition Platform, and continued AUM growth in private credit. The results were impacted by lower contributions from non-recurring performance fees and principal investment income due to unfavorable market conditions. HMC Capital maintains a strong balance sheet, supporting its future expansion and reaffirmed its FY26 dividend guidance of 12 cents per share.
Key Points
  • Management fees grew to $84.5 million, a 34% increase.
  • AUM of $19.5 billion, a 4% increase from June 2025.
  • 1H FY26 pre-tax operating EPS was 10.1 cents.
  • 1H FY26 dividend was 6.0 cents per share.
  • Reaffirmed FY26 pre-tax operating EPS target of at least 40 cents.
  • Real Estate AUM increased to $10.2 billion.
  • Private Credit AUM growth of 13%, reaching $2.2 billion.
  • Established a strategic partnership with KKR in Energy Transition.
  • Investor and analyst briefing on 24 February 2026.
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.