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AF Legal Group Limited
(Sydney:AFL)
AF Legal Group Limited (AFL) vs. iShares MSCI Australia ETF (EWA)
AF Legal Group Limited Business Overview & Revenue Model
AF Legal Group Limited Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 21.66M | 18.83M | 16.91M | 11.01M | 7.04M | Gross Profit |
| 21.65M | 4.31M | 3.81M | 3.66M | 6.41M | EBIT |
| 5.75M | -453.00K | 490.00K | -313.72K | -6.58M | EBITDA |
| 3.34M | -5.35M | 2.08M | 771.09K | 1.01M | Net Income Common Stockholders |
| 962.00K | -8.10M | -407.00K | -482.44K | 422.38K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.32M | 2.05M | 3.75M | 4.66M | 1.55M | Total Assets |
| 23.71M | 18.05M | 23.44M | 20.69M | 11.59M | Total Debt |
| 6.91M | 3.70M | 1.63M | 1.06M | 791.85K | Net Debt |
| 4.59M | 1.64M | -2.12M | -3.60M | -762.90K | Total Liabilities |
| 13.73M | 11.00M | 8.54M | 7.39M | 3.67M | Stockholders Equity |
| 9.12M | 6.38M | 14.40M | 13.29M | 7.92M |
| Cash Flow | Free Cash Flow | |||
| 161.00K | 300.00K | 595.00K | 694.21K | 1.23M | Operating Cash Flow |
| 545.00K | 1.06M | 1.04M | 1.15M | 1.65M | Investing Cash Flow |
| -4.12M | -1.20M | -955.00K | -2.54M | -518.17K | Financing Cash Flow |
| 3.84M | -1.56M | -994.00K | 4.49M | -624.69K |
AF Legal Group Limited Technical Analysis
AF Legal Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$473.61M | 12.17 | 58.99% | 7.04% | 25.12% | 31.13% | |
68 Neutral | AU$642.75M | 98.31 | 11.59% | ― | 9.76% | -28.92% | |
67 Neutral | AU$950.51M | 13.26 | 57.04% | 0.74% | 18.63% | ― | |
64 Neutral | $12.66B | 9.79 | 7.67% | 17015.07% | 12.23% | -6.06% | |
61 Neutral | AU$1.13B | 12.38 | 74.00% | 10.15% | 43.44% | 165.54% | |
54 Neutral | €8.76M | 12.99 | ― | 14.19% | -23.76% |
AF Legal Group Limited Corporate Events
AF Legal Group Ltd has announced a change in the director’s interest in securities, specifically involving Peter Johns. Mr. Johns, who holds indirect interests through Westferry Operations Pty Ltd, acquired 125,217 fully paid ordinary shares at $0.096 per share on May 20, 2025. This acquisition was conducted through an on-market trade, increasing his holdings in The Westferry Fund to 5,026,739 shares. The announcement reflects a strategic move in the company’s management and could influence stakeholder perceptions regarding its governance and financial strategies.
AF Legal Group Limited has settled a legal claim related to the hiring of a senior lawyer in 2022, resulting in an estimated expense of $550k-$600k for the second half of FY25. Additionally, the company is dealing with a regulatory investigation involving one lawyer, which is expected to incur further legal expenses of $100k. Despite these challenges, the company reports strong underlying performance and remains confident in achieving higher normalized NPBT for the second half of FY25 compared to the first half.
AF Legal Group Limited has announced a change in the director’s interest in securities. Peter Johns, a director and shareholder of Westferry Operations Pty Ltd, has increased his indirect interest in the company by acquiring additional fully paid ordinary shares through on-market trades. This change reflects a significant increase in Mr. Johns’ holdings, potentially indicating confidence in the company’s future prospects.
AF Legal Group Limited announced a change in the director’s interest notice concerning Peter Johns, a director and shareholder of Westferry Operations Pty Ltd. The notice details the acquisition of additional shares in the Westferry Fund, increasing the total number of shares held by Westferry Operations Pty Ltd. This change reflects on-market trades conducted on April 1 and April 4, 2025, potentially impacting the company’s stock value and stakeholder interests.
AF Legal Group Ltd has announced a change in the director’s interest notice, specifically involving Peter Johns, who is a director and shareholder of Westferry Operations Pty Ltd. The change pertains to an increase in the number of fully paid ordinary shares held indirectly by Mr. Johns through the Westferry Fund, with acquisitions made on March 26 and March 28, 2025. This adjustment in shareholding may reflect strategic positioning or confidence in the company’s future prospects, potentially impacting stakeholders’ perceptions.
AF Legal Group Limited reported a 16% revenue growth in H1 FY25, achieving a record high in average weekly revenue. The company’s profitability improved significantly, with a notable increase in operating cash flow. The acquisition of Armstrong Legal’s divisions has been integrated successfully, showing promising results for future growth. Additionally, the company has made strides in cultural transformation and technological upgrades, which are expected to enhance operational efficiency and stakeholder satisfaction.
AF Legal Group Limited reported a 19% revenue growth in the first half of FY25, achieving a record half-year revenue of $12.7 million. The company’s profitability also improved, with a normalised NPBT of $0.6 million, reflecting a 10% increase from the prior corresponding period. The recent acquisition of Armstrong Legal teams has been integrated successfully, contributing to the company’s expansion strategy. The company anticipates further growth in H2 FY25, driven by geographical expansion and increased staffing in its Contested Wills & Estates division.
AF Legal Group Limited reported a 19% increase in revenue to $12.7 million for the half-year ending December 2024, despite facing significant one-off expenses related to legal defense and acquisition costs. The company’s profitability was impacted by these expenses, resulting in a 46% decrease in profit after tax. However, the company continues to experience steady growth, bolstered by recent acquisitions, and anticipates continued profitability in the upcoming half-year.