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Navigator Global Investments Ltd ( (AU:NGI) ) has provided an update.
Navigator Global Investments Ltd announced record financial results for FY25, with a 26% increase in Adjusted EBITDA to USD114 million, surpassing previous guidance. The company’s net profit after tax rose by 80% to USD119 million, and assets under management grew significantly. The strong performance was driven by increased management and performance fees, disciplined cost control, and strategic investments in partner firms. The announcement also included leadership changes, with Roger Davis set to become Chair-elect. The company remains optimistic about its future performance, citing favorable market conditions for alternative asset managers.
The most recent analyst rating on (AU:NGI) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Navigator Global Investments Ltd stock, see the AU:NGI Stock Forecast page.
More about Navigator Global Investments Ltd
Navigator Global Investments Ltd operates in the financial services industry, focusing on alternative asset management. The company is known for its diversified portfolio of global alternative investment managers, which includes high-quality firms like Lighthouse Investment Partners. Navigator Global Investments emphasizes sustainable alpha generation and invests in private markets, high fee-yielding asset managers, and scalable, profitable firms.
YTD Price Performance: 26.16%
Average Trading Volume: 665,634
Technical Sentiment Signal: Buy
Current Market Cap: A$1.06B
For a thorough assessment of NGI stock, go to TipRanks’ Stock Analysis page.