Euroz Hartleys’ Revenue Climbs 45% on $1.78 Billion ECM Surge
Euroz Hartleys Group Limited reported a robust half-year result for December 2025, with net profit more than doubling to $13.84 million, driven by strong growth in equity capital markets and advisory fees.
- Net profit after tax rises 121% to $13.84 million
- Revenue increases 45% to $76.7 million
- Equity Capital Market raisings jump 84% to $1.78 billion
- Advisory revenues surge 533%
- Interim fully franked dividend declared at 2.5 cents per share
Strong Half-Year Performance
Euroz Hartleys Group Limited has delivered a standout half-year financial performance for the six months ending 31 December 2025. The company’s net profit after tax attributable to members soared by 121% to $13.84 million, up from $6.26 million in the prior corresponding period. This impressive growth was underpinned by a 45% increase in total revenue, which reached $76.7 million.
Equity Capital Markets Drive Growth
The company’s core strength in Equity Capital Markets (ECM) was a key driver of the result. ECM raisings surged 84% to approximately $1.78 billion, reflecting a buoyant market environment and strong activity particularly in the metals and mining sector. Correspondingly, ECM-related revenues increased 56% to $35.65 million, highlighting Euroz Hartleys’ effective positioning in this segment.
Advisory and Brokerage Revenues Climb Sharply
Corporate advisory fees experienced a remarkable 533% increase to $5.22 million, boosted by notable transactions involving Ramelius Resources, SRG Global, and Alkane Resources. Brokerage income also rose by 31% to $21.22 million, reflecting a solid underlying base of trading activity. Wealth management fees grew 12% to $12.3 million, supporting the company’s strategy of balancing transactional and recurring revenue streams.
Funds Under Management and Capital Returns
Euroz Hartleys’ combined Funds Under Management (FUM) increased to $5.1 billion as at 31 December 2025, up from $4.45 billion at the previous financial year-end. This growth underscores the company’s ongoing focus on expanding its wealth management platform. During the half, the Group returned $23.1 million of excess capital to shareholders via an equal capital reduction, complementing a history of substantial returns including $358 million in fully franked dividends over 26 years.
Dividend and Outlook
The Board declared a fully franked interim dividend of 2.5 cents per share, payable on 13 February 2026. While the half-year results are strong, the company cautions that second-half performance and final dividends will depend on market sentiment, commodity prices, and ECM activity. The financial report was reviewed by KPMG with no material issues noted, providing confidence in the reported results.
Bottom Line?
Euroz Hartleys’ strong first half sets a positive tone, but market conditions will be pivotal for sustained momentum.
Questions in the middle?
- Can Euroz Hartleys sustain its elevated ECM activity amid fluctuating commodity prices?
- What strategies will the company deploy to accelerate organic growth in Funds Under Management?
- How might potential regulatory or market risks impact future profitability and dividend payouts?
