Sandon Capital Investments (SNC) H2 2025 earnings summary

Executive summary

• Net profit after tax rose 72% to $24.65 million for the year ended 30 June 2025, driven by a 32.2% gross portfolio return, more than double the market benchmark.

• Total shareholder return for the period was 26.9%, reflecting strong investment performance.

Financial highlights

• Gross portfolio return of 32.2% for the 12 months to 30 June 2025, compared to 13.2% for the All Ordinaries Accumulation Index.

• Net profit after tax reached $24.65 million, up 72% year-over-year.

• Shares offer a fully franked annualised dividend yield of 6.3% (8.3% including franking credits).

• Profit reserves stand at 42.7 cents per share, with a franking balance of 7.5 cents per share as of 31 July 2025.

Outlook and guidance

• Confidence expressed in future returns, with ongoing application of the established investment approach.

• Outlook comments limited due to incomplete full-year results for most investments; further updates to be provided in future reports.