Update: Netwealth Group Posts Higher Fiscal H1 Adjusted Earnings, Total Income; Shares Rise 12%

MT Newswires Live02-18

(Updates to add stock movement in the headline and last paragraph)

(ASX:NWL) reported Wednesday fiscal first-half adjusted earnings of AU$0.281 per share, up from AU$0.234 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.26.

Total income for the six months ended Dec. 31, 2025, was AU$193.8 million, compared with AU$155.4 million a year earlier. Analysts surveyed by FactSet expected AU$1.88 million.

The company reiterated its guidance for fiscal 2026, expecting funds under administration net flows to remain broadly in line with fiscal 2025 and projecting an earnings before interest, taxes, depreciation, and amortization margin of around 49%, excluding first guardian expenses.

The board declared an interim dividend of AU$0.21 per share, up from AU$0.175 a year earlier, payable March 26 to shareholders on record as of March 5.

Shares of the company rose past 12% in recent Wednesday trade.

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