L1 Long Short Fund Limited (ASX:LSF)

ALERT: Price-sensitive ASX Announcement for LSF

Current share price for LSF : $4.580 1.43 (45.40%)⁺

Announcement

Appendix 4E and Audited Financial Report

Release

27 Aug 2025 9:39AM

Price at Release

$3.150

Full Release

Summary

L1 Long Short Fund Limited reported its financial results for the year ended 30 June 2025. The company recorded a decrease in income from ordinary activities and net profit after tax compared to the previous year. Despite the challenging economic environment, the company continued to deliver consistent returns through its investment strategy focusing on quality value and portfolio diversification. Alongside, the company declared fully franked dividends and maintained a robust dividend profit reserve. The audited financial report complies with the Corporations Act 2001 and Australian Accounting Standards. The company’s risk management framework addresses various investment and market risks. The audit was conducted by Ernst & Young, and no contraventions of auditor independence were noted.

Key Points

Income from ordinary activities decreased by 28% to $317,475,000.
Net profit after tax declined by 42% to $99,518,000.
Final fully franked dividend of 6.50 cents per share declared.
The company has a dividend profit reserve of $832,373,000.
No significant events occurred after the reporting period to affect operations.
L1 Long Short Fund Limited adheres to Australian Accounting Standards and IFRS.
The audit was performed by Ernst & Young with no noted independence issues.

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.