Generation Development FY26 slides: record inflows, rising costs

Generation Development Group (ASX:GDG) reported record funds under management and net inflows during its FY26 results announcement on August 27, 2026. The diversified financial services group, which operates Generation Life, Evidentia Group, and Lonsec, delivered a 23% revenue growth to $178.7 million and a 21% underlying net profit growth to $40.7 million.

However, the stock fell sharply, with a 14.06% drop to $3.30, near its 52-week low of $3.23. Investors reacted negatively to rising costs and margin pressure, despite the company declaring a fully-franked final dividend of 1.0 cent per share, bringing the full-year dividend to 2.0 cents per share.

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