Centrepoint Alliance reported a 16% rise in normalised EBITDA to $12.3 million for FY26, exceeding its guidance and lifting its EBITDA margin to 29%. The company’s adviser network grew modestly, while funds under management jumped 48%.
- Normalised EBITDA increased 16% to $12.3 million
- EBITDA margin improved to 29% from 26%
- Adviser network grew to 576, ranking second nationally
- Salaried Advice revenue rose 22% aided by acquisitions
- Investment Solutions funds under management up 48%
EBITDA Growth Exceeds Expectations
Centrepoint Alliance (ASX:CAF) delivered a solid financial performance in FY26, posting a normalised EBITDA of $12.3 million. This represents a 16% increase from the prior year and surpasses the company’s guidance range of $11.75 million to $12.25 million. The EBITDA margin also improved markedly, climbing to 29% of net revenue from 26% in FY25, signalling enhanced operational efficiency amid ongoing growth.
Profit before tax remained steady at $7.2 million, effectively flat on FY25. However, when adjusting for a $1.3 million incentive release recognised in the prior year, NPBT rose by 20%, reflecting underlying earnings strength.
Modest Adviser Network Expansion and Market Position
Centrepoint’s adviser network ended the year with 576 authorised representatives, a net increase of five advisers. This incremental growth maintained its position as the number two licensee in the Australian market, according to Wealthdata analysis of ASIC records as at 30 June 2026. The company’s steady network expansion contrasts with more aggressive recruitment seen in prior periods but underscores a focus on quality and retention.
Salaried Advice Revenue Boosted by Acquisitions
The Salaried Advice division saw revenue climb approximately 22% year-on-year to $10.3 million. This growth was supported by the recent acquisitions of Cairns Wealth and Pinnacle Wealth, which added 23 employed advisers to the business by June 2026. These deals, completed just before year-end, are expected to bolster recurring earnings and expand Centrepoint’s footprint in Queensland.
Investment Solutions Fuels Funds Growth
Investment Solutions experienced a substantial uplift, with combined funds under management and administration increasing by $215 million, or 48%, to approximately $638.3 million. This surge reflects both organic growth and the impact of the enhanced adviser network and product offerings, positioning Centrepoint to capitalise on rising investor demand for diversified managed portfolios.
While the results are preliminary and unaudited, they confirm Centrepoint’s trajectory of steady growth supported by strategic acquisitions and operational improvements. The company will release its full audited results and hold an investor briefing on 25 August 2026.
Bottom Line?
Centrepoint’s FY26 results demonstrate disciplined growth and margin improvement, but the impact of recent acquisitions and adviser network dynamics will be key to watch in FY27.
Questions in the middle?
- How will the Cairns Wealth and Pinnacle Wealth acquisitions integrate operationally and financially in FY27?
- Can Centrepoint sustain EBITDA margin gains amid competitive pressures and adviser recruitment challenges?
- What strategies will Centrepoint deploy to convert funds under management growth into lasting profitability?