Gryphon Capital Income Trust (GCI) H2 2025 earnings summary

Executive summary

• Invests in a diversified portfolio of Australian RMBS and ABS, managed by Gryphon Capital Investments Pty Ltd.

• Units on issue increased to 524.3 million from 335.6 million year-over-year, reflecting significant capital raises.

• Two major capital raises in November 2024 ($167.8m) and April 2025 ($209.7m) expanded scale and liquidity.

• No employees; managed by a responsible entity and investment manager.

Financial highlights

• Operating profit for the year ended 30 June 2025 was $68.8 million, up from $48.9 million year-over-year.

• Total assets grew to $1,059.5 million from $679.1 million year-over-year.

• Distributions paid and payable totaled $68.2 million (16.44 cents per unit), compared to $46.6 million (17.08 cents per unit) prior year.

• Earnings per unit were 16.57 cents, down from 18.36 cents year-over-year due to increased units on issue.

• Net assets attributable to unitholders rose to $1,052.0 million from $673.9 million year-over-year.

Outlook and guidance

• Trust will continue to be managed in line with investment objectives and guidelines.

• Future results will depend on investment market performance; past returns not indicative of future performance.