ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Business/EarningsArticle

Prime Financial Group posts 22% FY26 revenue growth, lifts dividend

Australia-based financial services firm reports AUD 60.5 million in revenue for fiscal 2026, a 22% increase, while raising its fully franked dividend by 4% to AUD 0.0172 per share.

PA
Priya Anand · Equities & Earnings Desk · 31 Aug 2026 · 19:45 · 1 min read
Share
Prime Financial Group posts 22% FY26 revenue growth, lifts dividend

Prime Financial Group Limited reported a 22% year-over-year increase in revenue to AUD 60.5 million for the fiscal year ended June 30, 2026, driven by growth across its wealth and accounting segments. The company also posted a 47% rise in operating cash flow to AUD 4.3 million and a 17% increase in underlying EBITDA to AUD 13.9 million, maintaining a 24% EBITDA margin.

Recurring revenue accounted for 85% of total revenue, up from 70% a year earlier, while revenue per full-time employee rose 25% to AUD 276,000. The firm’s net assets reached AUD 61.2 million, though net debt increased to AUD 20.6 million, lifting the net debt-to-EBITDA ratio to 1.5 times from 1.3 times in fiscal 2025.

Prime declared a fully franked final dividend of AUD 0.0092 per share, bringing the full-year dividend to AUD 0.0172 per share, a 4% increase from the prior year. The final dividend is payable on September 28, 2026, with a record date of September 3, 2026. The company also operates a dividend reinvestment plan for the final payout.

Management highlighted simplification efforts and strategic acquisitions, including the integration of Lincoln Indicators into its wealth segment, as key contributors to growth. The firm’s largest acquisition in six years, completed in May 2025, has been fully integrated. Prime also divested approximately AUD 4 million in annual revenue from clients outside its target profile over the past year.

Long-term targets include reaching AUD 100 million in annual revenue by fiscal 2030. While no formal guidance was issued for fiscal 2027, management emphasized continued focus on business simplification and disciplined capital deployment. The company’s share price rose 1.16% to AUD 0.218 following the announcement, trading near the lower end of its 52-week range of AUD 0.21 to AUD 0.275.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
PA
Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

More from Priya Anand →
ADVERTISEMENT
ADVERTISEMENT