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HUB24 posts record half-year growth as platform inflows and FUA surge

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HUB24 posts record half-year growth as platform inflows and FUA surge

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HUB24 Limited ( (AU:HUB) ) has issued an announcement.

HUB24 reported a strong first half of FY26, with underlying EBITDA rising 35% to $104.9 million, underlying NPAT up 60% to $68.3 million and statutory NPAT up 80% to $59.7 million, supported by a 26% lift in revenue to $245.9 million and an expanded EBITDA margin of 42.7%. The group lifted its interim dividend by 50% to 36 cents per share as total funds under administration climbed to $152.3 billion, driven by platform FUA of $127.9 billion and continued growth in its PARS and Tech Solutions operations.

The core platform business delivered record half-year net inflows of $10.7 billion, cementing HUB24 as the sixth-largest platform in the market with 9.3% share and maintaining its top ranking for net inflows for an eighth consecutive quarter. HUB24 also extended its competitive edge with multiple industry awards, new retirement and high-net-worth offerings, enhancements to adviser tools, and steady growth in Class and NowInfinity, while preparing further integration initiatives such as the myhub ecosystem and an in-house super trustee structure that could deepen operational control and client engagement.

The most recent analyst rating on (AU:HUB) stock is a Buy with a A$88.00 price target. To see the full list of analyst forecasts on HUB24 Limited stock, see the AU:HUB Stock Forecast page.

More about HUB24 Limited

HUB24 Limited is an Australian financial services and technology group focused on investment platforms and wealth management technology solutions. Through its Platform and Tech Solutions segments, including the HUB24 platform, Class and NowInfinity, it targets financial advisers, accountants and high-net-worth investors seeking integrated administration, reporting and advice tools.

Average Trading Volume: 258,956

Technical Sentiment Signal: Hold

Current Market Cap: A$6.67B

Find detailed analytics on HUB stock on TipRanks’ Stock Analysis page.

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