Diversified, Recurring Fee Business ModelASX’s core model charges trading, listing, clearing, data and technology fees across the full transaction lifecycle. Those recurring, usage-linked revenues create durable cash flow streams, network effects and high switching costs that support steady long-term earnings.
Strong Balance Sheet And Low LeverageA very low debt-to-equity ratio provides financial flexibility to fund capex, operations and remediation efforts without stressing liquidity. This resilience supports multi-year investments (Accelerate, tech) and cushions regulatory or cyclical shocks to the business model.
Revenue And Margin Improvement In FY25FY25 top-line growth and margin expansion reflect stronger trading volumes, data demand and product execution. Higher operating leverage and sustained margins enhance free cash generation potential and support dividends and strategic reinvestment over the medium term.