WT Financial Group boosts earnings by 22% in FY26

ifa

Per its indicative FY26 results, WT Financial Group is reaping the benefits of its “multi-year transformation into one of Australia’s largest advice networks,” with EBITDA up by 22 per cent to $8.4 million. The ASX update also reported a 15 per cent increase in net revenue to $33.1 million and a 20 per cent increase in net profit before tax to $6.6 million. The group said it expects to declare a fully franked dividend of 0.75 cents per share. 

Commenting on the results, WT Financial Group chief executive Keith Cullen said: “The result reflects the operating leverage we have spoken about for several years and demonstrates the increasing strength of the group’s platform.” He continued: “We have continued to invest in building infrastructure, technology, risk management capability, and adviser support, and FY26 demonstrates that those investments are translating into growing returns for shareholders. “Our practices continue to become larger, more productive and more profitable, while our central platform enables more of that growth to flow through to earnings.” 

The rest of this article can be found at ifa.com.au.