HUB24 (HUB) AGM 2025 Presentation summary

Financial performance and growth

• FY25 revenue reached $406.6m, up 24% from FY24, with underlying EBITDA at $162.4m, up 38%.

• Underlying NPAT grew 44% to $97.8m, and underlying EPS (diluted) rose 45% to 117.8cps.

• Total funds under administration (FUA) increased 30% to $136.4b, with platform FUA at $112.7b, up 34%.

• Platform net inflows hit a record $19.8b, up 25%, and total dividends rose 47% to 56.0cps, fully franked.

• Four-year CAGR: revenue +38%, UEBITDA +46%, FUA +24%, operating cashflow +54%, and dividends +54%.

Market leadership and platform performance

• Achieved #1 ranking for net inflows and market share gains, with seven consecutive quarters of leading net inflows.

• Platform market share increased from ~4% to 9% over four years, now ranked sixth largest by FUA.

• Recognized as Australia's best platform for the third year, with highest adviser satisfaction and NPS.

• Largest increase in advisers since FY21 (+572) and record $19.8b net inflows.

• Platform FUA target for FY27 set at $148b–$162b, leveraging ongoing net inflow momentum.

Business segments and innovation

• Class and NowInfinity segments showed accelerating growth, with Class accounts up by ~8,000 in FY25.

• NowInfinity outpaced system growth, and myprosperity expanded to 531 wealth practices.

• Launched Engage and expanded HUBconnect, enhancing reporting and client portal capabilities.

• Invested in AI, automation, and digital initiatives to improve productivity and customer experience.

• Ongoing infrastructure upgrades and office consolidation to support scalability and collaboration.