Argo Global Listed Infrastructure (ALI) H1 2026 earnings summary

Executive summary

• Recorded profit after tax of $13.9 million for the half-year ended 31 December 2025, down from $49.5 million in the prior corresponding period, mainly due to unrealised changes in fair value of investments.

• Investment income decreased by 67% to $23.4 million compared to the same period last year.

• Interim fully franked dividend of 4.5 cents per share declared, up from 4.0 cents in the prior period, payable 27 March 2026.

Financial highlights

• Investment income for the half-year was $23.4 million, down from $69.8 million year-over-year.

• Profit for the half-year was $13.9 million, a 72% decrease from $49.5 million in the previous year.

• Basic and diluted earnings per share were 7.8 cents, down from 27.9 cents year-over-year.

• Net tangible asset (NTA) per share was $2.62 at 31 December 2025, compared to $2.65 at 31 December 2024.

Outlook and guidance

• No significant matters or circumstances have arisen since period end that may affect future operations or results.