{
  "id": 1620217,
  "title": "HUB24 FY 2026 presentation: profit surges 51%, shares fall 7.5%",
  "url": "https://urgent.news/2026/08/18/hub24-fy-2026-presentation-profit-surges-51-shares-fall-7-5",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T03:11:21.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/hub24-fy-2026-presentation-profit-surges-51-shares-fall-75-93CH-4864238"
  },
  "original_language": "en",
  "account": "Hub24 Limited reported strong financial results for FY 2026, with profit surging 51% and shares falling 7.5%. The Australian wealth platform operator saw group revenue rise 23% year-over-year to $501.1 million, while statutory net profit after tax jumped 51% to $120.2 million. Full-year dividends increased by 31% to 42.0 cents per share, resulting in a total payout of 78.0 cents, a 39% increase from the previous year. Funds under administration reached $164.3 billion, a 20% increase from the prior year, with platform funds up 24% to $139.5 billion and PARS segment adding $24.8 billion in FUA, up 5%. Underlying EBITDA increased 30% to $211.4 million, contributing to a 42% rise in diluted earnings per share to 166.7 cents. HUB24's market share grew to 9.9%, ranking first for net inflows for ten consecutive quarters. The company expanded its adviser base by 37% to 5,649 active advisers, representing 42% of the adviser market. HUB24's market momentum was acknowledged by multiple industry reports, securing top positions for best platform overall and highest net promoter score. The growth of its tech solutions segment, including Class and NowInfinity, continued with promising momentum in FY 2026. HUB24 outlined three strategic pillars for FY 2026: leadership and growth, executing strategy, and building for the future.",
  "summary": null,
  "key_points": [
    "Hub24 profit surged 51% in FY 2026",
    "Shares fell 7.5% despite strong results",
    "Funds under administration increased 20%"
  ],
  "editors_take": "Hub24's surging profit and growing market share underscore its solidifying position as a leader in the Australian wealth platform sector, but investor reaction remains cautious.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}