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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 | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.60M | 27.60M | 21.66M | 18.83M | 16.91M | 11.01M |
| Gross Profit | 27.57M | 27.57M | 21.65M | 18.91M | 3.81M | 3.66M |
| EBITDA | 3.29M | 3.27M | 3.34M | -5.35M | 2.08M | 771.09K |
| Net Income | 102.00K | 102.00K | 962.00K | -8.10M | -407.00K | -482.00K |
Balance Sheet | ||||||
| Total Assets | 27.86M | 27.86M | 23.71M | 18.05M | 23.44M | 20.69M |
| Cash, Cash Equivalents and Short-Term Investments | 2.21M | 2.21M | 2.32M | 2.05M | 3.75M | 4.66M |
| Total Debt | 9.67M | 9.67M | 6.91M | 3.70M | 1.63M | 1.06M |
| Total Liabilities | 18.06M | 18.06M | 13.73M | 11.00M | 8.54M | 7.39M |
| Stockholders Equity | 9.27M | 9.27M | 9.12M | 6.38M | 14.40M | 13.29M |
Cash Flow | ||||||
| Free Cash Flow | 2.45M | 2.37M | 161.00K | 300.00K | 595.00K | 694.21K |
| Operating Cash Flow | 2.86M | 2.86M | 545.00K | 1.06M | 1.04M | 1.15M |
| Investing Cash Flow | -3.60M | -3.60M | -4.12M | -1.20M | -955.00K | -2.54M |
| Financing Cash Flow | 637.00K | 637.00K | 3.84M | -1.56M | -994.00K | 4.49M |
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 |
|---|---|---|---|---|---|---|---|
60 Neutral | €12.34M | 122.73 | ― | ― | 27.43% | -90.52% | |
58 Neutral | AU$10.98M | 1.75 | 19.93% | ― | ― | 29.55% | |
57 Neutral | AU$14.97M | 17.53 | 43.56% | 2.61% | 8.15% | -21.14% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
55 Neutral | AU$115.19M | 206.06 | 0.21% | 7.19% | 4.44% | -90.57% | |
54 Neutral | AU$9.31M | 50.43 | 1.82% | 4.00% | -50.00% | -52.07% | |
43 Neutral | AU$9.72M | 1.40 | ― | ― | ― | ― |
AF Legal Group Limited Corporate Events
AF Legal Group Limited reported a record revenue of $9.0 million for Q1 FY26, marking a 43% increase compared to the same period last year. This growth is attributed to increased revenue across all practice areas and a significant expansion in their legal team. The company’s normalised NPBT was $0.782 million, representing 57% of the previous fiscal year’s total, indicating a strong start to FY26. Despite seasonal expectations of a slight revenue dip in Q2, the company remains optimistic due to its enhanced capacity to attract and retain high-quality lawyers.
AF Legal Group Limited announced the issuance of 681,818 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize its employees, potentially impacting its operational efficiency and market positioning positively.
AF Legal Group Limited has announced the issuance of 1,300,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code AFL. This move is part of an employee incentive scheme and is expected to enhance the company’s operational capabilities and market positioning, potentially benefiting stakeholders by aligning employee interests with company performance.
AF Legal Group Limited has announced its 2025 Annual General Meeting, scheduled for 27 November 2025, to be held both in person in Brisbane and virtually. Shareholders are encouraged to participate and vote, with proxy appointments due by 25 November 2025. This meeting is an opportunity for stakeholders to engage with the company’s strategic direction and governance.
AF Legal Group Limited has announced a variation in the employment agreement of its CEO, Chris McFadden, to clarify the terms of short and long-term incentives. The company also issued shares and performance rights under its Long Term Incentive Plan to both McFadden and CFO/COO Stace Boardman, highlighting their importance to the company’s success. This move is seen as a strategic effort to align leadership incentives with company performance, potentially impacting shareholder value and company control dynamics.
AF Legal Group Limited has released its 2025 Corporate Governance Statement, detailing its adherence to the ASX Corporate Governance Council’s Principles and Recommendations. The company has largely complied with these guidelines, with exceptions noted and alternative practices adopted where necessary. The statement highlights the company’s commitment to transparency, diversity, and accountability, including a diversity policy aiming for gender balance in its workforce and senior management.
AF Legal Group Limited reported a record high normalised NPBT of $1.4 million for FY25, marking a 77% increase from the previous corresponding period. The company achieved a 27% revenue growth, reaching $27.6 million, driven by contributions from recent acquisitions and strong performance in Q4. Despite facing one-off expenses related to acquisitions and legal defense, the company anticipates further revenue growth and operational efficiencies in FY26, with a focus on scaling and leveraging its operations.
AF Legal Group Limited reported a 26% increase in revenue from ordinary activities for the financial year ending June 30, 2025, reaching $27.6 million. However, the company experienced a significant decline in profit after tax from ordinary activities, which fell by 55% to $725,000. The earnings per share also saw a dramatic decrease, with basic earnings dropping by 106%. Dividends were distributed to shareholders, with AF Legal Pty Ltd receiving a substantial portion. The company did not incorporate new entities but changed the names of two existing ones. The annual general meeting is scheduled for November 27, 2025.