HUB24 (HUB) Investor Day 2025 summary

Strategic direction and market positioning

• Focus on transforming the wealth management industry through integrated platform, technology, and data solutions, leveraging an open architecture and connected ecosystem including HUB24, Class, NowInfinity, and myprosperity.

• Continued investment in innovation, acquisitions, and technology to maintain market leadership, disrupt the industry, and drive productivity and customer experience.

• Positioned to benefit from demographic trends, including a surge in retirees, intergenerational wealth transfer, adviser migration to private licensees, and regulatory changes.

• Expanding addressable markets beyond traditional platforms to SMSFs, non-custodial assets, institutional clients, and new client segments.

• Actively addressing regulatory, governance, and cybersecurity challenges to ensure trust, compliance, and responsible data use.

Business performance and financial guidance

• Achieved record net inflows of AUD 19.8 billion in FY25, with platform FUA reaching AUD 113 billion and a target of AUD 148–162 billion by FY27.

• Group revenue reached AUD 406 million in FY25, with a 38% CAGR over four years; underlying EBITDA grew to AUD 162 million, with a margin of 39.9%.

• Q1 FY26 saw AUD 122 billion in platform FUA (up 8% in the quarter) and AUD 5.2 billion in net inflows, with strong adviser and client growth.

• Operating expense growth for FY26 updated to 18–20% to support accelerated growth and strategic investment, with continued EBITDA margin expansion.

• Strong balance sheet with a net cash position of AUD 85 million at June 2025, disciplined capital management, fully franked dividends, and a target payout ratio of 40–60% of UNPAT.

Product and ecosystem development

• Launched and enhanced products such as HUB24 Discover (AUD 2 billion FUA since FY24), Private Invest, and a partnership with TAL for Lifetime Retirement Solutions, with further developments in progress.

• Upgraded infrastructure and APIs to support ecosystem integration, with myProsperity and Engage as key client and advisor portals.

• myHUB ecosystem consolidates applications and data, enabling productivity gains through AI-driven automation and natural language prompts, with launch targeted for FY27.

• CLASS and NowInfinity businesses continue to grow, with CLASS holding over 30% SMSF market share and NowInfinity 24.4% of ASIC-registered companies, both adding new AI-powered features.

• Strategic focus on cross-sell, revenue synergies, and partnerships, leveraging data and technology to deepen client relationships and drive ARPU growth.