Latest Net Tangible Assets News

The GPT Group reveals robust occupancy and leasing growth in 2024, offset by a statutory loss driven by property valuation declines. Strategic partnerships and development projects position the company for future earnings expansion.

Fiducian Group Limited reported a robust half-year result for December 2024, with revenue up 14% and net profit after tax rising 26%, underpinning a higher fully franked interim dividend.

The GPT Group reported a strong 38.4% increase in total revenues for 2024 but posted a net loss after tax of $200.7 million. Despite this, the property trust declared a 12.00 cent distribution per stapled security, signaling confidence in its underlying operations.

GPT Management Holdings Limited reported a substantial net loss of $40.6 million for the year ended December 31, 2024, despite a 31.7% increase in total revenues to $340 million. No dividends were declared, signaling a cautious outlook amid challenging conditions.

Adore Beauty Group Limited reported a modest 2.3% revenue increase to $103 million for H1 FY25, while profits declined 36.6% due to acquisition and restructuring expenses. The company is expanding its retail footprint with new store openings planned in 2025.

The a2 Milk Company Limited has reported solid revenue and profit growth for the half-year ending December 2024, alongside a confident dividend declaration reflecting its strengthened financial position.

Qualitas Real Estate Income Fund has updated its dividend announcement, confirming an ordinary distribution of AUD 0.011273 per security payable on February 17, 2025.

WAM Capital has reported a robust 14.9% increase in its investment portfolio over six months, outperforming key ASX indices and maintaining its interim dividend at 7.75 cents per share.

Microequities Asset Management Group Limited has reported a robust 46.4% increase in profit after tax for the half-year ended December 2024, alongside a record $650 million in Funds Under Management and a raised interim dividend.

WAM Capital Limited has delivered a robust half-year performance ending December 2024, posting a 40% increase in net profit and declaring a steady interim dividend of 7.75 cents per share. The company’s investment portfolio outperformed key ASX indices, underpinning strong shareholder returns.

Abacus Storage King reported a modest 1.1% increase in statutory profit for HY25, underpinned by resilient operating metrics and a robust balance sheet. The company’s multi-pronged growth strategy, including acquisitions and a substantial development pipeline, supports a confident outlook with reaffirmed distribution guidance.

Mirvac's 1H25 results reveal a modest decline in EBIT and operating profit, yet the company signals strong growth prospects fueled by residential sales momentum, sustainable development, and strategic capital partnering.