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Platinum Asset Management Ltd
(Sydney:L1G)
Platinum Asset Management Ltd (L1G) vs. iShares MSCI Australia ETF (EWA)
Platinum Asset Management Ltd Business Overview & Revenue Model
Platinum Asset Management Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 519.85M | 140.92M | 185.13M | 211.09M | 232.77M | 272.49M |
| Gross Profit | 452.11M | 54.35M | 106.50M | 202.61M | 244.98M | 259.72M |
| EBITDA | 424.97M | 34.20M | 77.28M | 117.36M | 167.68M | 206.63M |
| Net Income | 275.77M | 6.27M | 45.01M | 80.86M | 101.49M | 163.26M |
Balance Sheet | ||||||
| Total Assets | 1.16B | 249.39M | 346.21M | 354.25M | 352.61M | 384.30M |
| Cash, Cash Equivalents and Short-Term Investments | 254.29M | 122.25M | 250.28M | 186.06M | 177.32M | 193.15M |
| Total Debt | 33.40M | 10.64M | 12.35M | 3.25M | 5.25M | 7.11M |
| Total Liabilities | 205.86M | 37.54M | 29.41M | 24.72M | 29.05M | 42.27M |
| Stockholders Equity | 723.70M | 211.78M | 314.23M | 328.17M | 323.55M | 342.02M |
Cash Flow | ||||||
| Free Cash Flow | 92.83M | 50.19M | 78.08M | 90.23M | 126.51M | 144.47M |
| Operating Cash Flow | 93.26M | 51.49M | 68.56M | 90.59M | 126.73M | 144.51M |
| Investing Cash Flow | -71.61M | 53.71M | 51.60M | -171.00K | -42.44M | 36.78M |
| Financing Cash Flow | 182.93M | -153.21M | -85.55M | -92.06M | -140.20M | -142.41M |
Platinum Asset Management Ltd Technical Analysis
Platinum Asset Management Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
Platinum Asset Management Ltd Corporate Events
L1 Group Limited has updated its earlier dividend notification for the six-month period ended 31 December 2025, relating to its ordinary fully paid shares. The update formalises the dividend details following the record date of 6 March 2026 and payment date set in March.
The announcement advises investors of the final price applicable under the company’s Dividend Reinvestment Plan, determined after the volume-weighted average price period, and provides the New Zealand dollar equivalent of the dividend per security. These clarifications give shareholders greater transparency on reinvestment terms and cross-border payment values, aiding income planning for both Australian and New Zealand investors.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited has reported a significant change in the equity interests of director Julian Russell, lodging a formal notice with the ASX detailing his updated holdings. Russell has acquired 1,824,561 performance rights in a new class of securities, each representing a right to receive up to one ordinary share subject to vesting conditions, underscoring the company’s continued use of equity-based incentives to align director remuneration with shareholder outcomes and market performance.
The performance rights must be satisfied by purchasing ordinary shares on market upon vesting, indicating no immediate dilution to existing shareholders. This structure highlights L1 Group’s focus on linking long-term value creation to management incentives, while also enhancing transparency around director interests in compliance with corporate governance standards.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited has notified the market of the issuance of 2,298,245 unquoted Performance Rights under an employee incentive scheme. These securities are not intended to be quoted on the ASX and were issued on 9 March 2026, reflecting the company’s ongoing use of equity-based remuneration to align staff incentives with shareholder interests.
The move expands L1 Group’s pool of unquoted equity awards and may have a dilutive effect over time if performance hurdles are met and the rights vest into ordinary shares. For employees and executives, the additional performance rights enhance long-term incentive structures, while investors gain transparency over potential future changes to the company’s capital structure.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
S&P Dow Jones Indices has announced a series of changes to the S&P/ASX 20, 50, 100, 200 and 300 indices as part of its March 2026 quarterly rebalance, effective before the market opens on March 23. The reshuffle includes notable promotions such as Northern Star Resources entering the S&P/ASX 20 and multiple resource and energy-related companies joining broader indices, while several financial, infrastructure and technology names are being removed, signaling an evolving sector mix that will influence index-tracking funds and institutional portfolio allocations.
These adjustments are likely to drive trading activity and capital flows as passive investors and benchmark-aware managers realign holdings to reflect the new compositions. The increased representation of resources, energy transition and related companies in the indices underscores the market’s ongoing tilt toward commodities, critical minerals and energy exposure, with potential implications for sector leadership and risk profiles within Australian equity portfolios.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited has revised its Securities Trading Policy in line with ASX Listing Rule 12.10, signalling a refresh of its internal governance framework around share transactions by directors, executives and other relevant personnel. The updated policy, which replaces the previous version and is now available on the company’s website, is intended to strengthen compliance and transparency for stakeholders by clarifying the rules governing trading in L1 Group securities.
The change underscores the company’s focus on meeting evolving regulatory expectations and best-practice standards across the Australian market. By formally lodging the policy update with the ASX and making it accessible online, L1 Group reinforces its commitment to robust corporate governance, which may help support investor confidence and demonstrate proactive management of market conduct and insider trading risks.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited has notified the ASX of a change in director Rachel Grimes AM’s relevant interest in the company’s securities, in line with listing rule disclosure requirements. The filing shows that Grimes has indirectly acquired 50,000 additional ordinary shares via the Patrick Grimes & Co Employees Provident Fund Pty Limited, increasing her total holding to 191,578 shares, a move that modestly lifts board-level equity alignment with shareholders.
The transaction, dated 27 February 2026 with a stated consideration of $61,500, reflects an increase in the director’s financial exposure to L1 Group’s performance. While no broader strategic commentary accompanied the notice, such incremental share purchases can signal confidence in the company’s outlook and may be viewed positively by investors monitoring insider ownership trends.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited has released the presentation deck for its December 2025 half-year financial results and made it available to the market via the ASX. The materials will underpin an analyst briefing, signalling the company’s ongoing engagement with investors and analysts and providing greater transparency around its interim performance and outlook.
The briefing and accompanying slide deck allow market participants to assess L1 Group’s recent operating and financial trends in more detail. This disclosure supports informed decision-making for shareholders and could influence sentiment toward the stock as analysts digest the interim results and update their views on the company’s prospects.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited reported a sharp improvement in statutory and underlying earnings for the half-year ended 31 December 2025, driven by strong fee income and gains on seed investments. Statutory profit after tax attributable to ordinary shareholders jumped to A$52 million, with basic earnings per share rising to 2.55 cents, reflecting significantly higher total revenue and income versus the prior corresponding period.
On an underlying basis, revenue and other income rose 23% to A$145.1 million and underlying net profit after tax climbed 63% to A$66.3 million, lifting the NPAT margin to 46%. The group’s underlying EBITDA margin expanded to 65% amid lower adjusted operating expenses, signalling improved scalability and efficiency in the merged L1 and Platinum platform and reinforcing its earnings power for investors.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited has reminded the market that it will hold a webcast briefing for analysts and investors on its December 2025 half-year results today at 10:30am AEDT. The session, led by CEO and Managing Director Julian Russell alongside Finance Director Andrew Stannard, underscores the company’s engagement with the investment community and offers stakeholders timely insight into its recent financial performance and strategic positioning, with a recording to be made available on its website for later access.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited has announced it will publish its financial results for the six months to December 2025 on the Australian Securities Exchange on the morning of 25 February 2026. On the same day, Chief Executive Officer and Managing Director Julian Russell and Chief Financial Officer Andrew Stannard will host an investor briefing call and webcast at 10.30am AEDT to discuss the half-year performance, with a recording of the presentation to be made available on the company’s website, underscoring L1 Group’s efforts to maintain transparency and engagement with investors around its interim earnings.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited reported that its total assets under management rose to approximately A$17.6 billion as at 31 December 2025, up about A$700 million over the quarter, driven by positive investment performance and strong inflows into the L1 Global Long Short strategies, partly offset by legacy outflows from Platinum-branded products. The shift of management of Platinum’s international equity funds to L1 International has led to a reclassification of funds under its umbrella, while the group expects realised performance fees of around A$37–39 million for the half year, including about A$32 million of in-perimeter performance fees from its long short strategies, underscoring the earnings impact of strong first-half investment returns.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited, listed on the ASX under the code L1G, has notified the market of the issue of additional ordinary fully paid shares, reflecting the conversion or exercise of previously unquoted securities. The company has issued 2,166,148 new ordinary fully paid shares as at 31 December 2025, signalling a change in its capital structure that may modestly dilute existing shareholders while potentially strengthening its equity base and aligning holders of the converted instruments more closely with the company’s long-term performance.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
L1 Group Limited, listed on the ASX under the code L1G, has updated the market on changes to its issued capital structure. The company lodged a notification with the exchange confirming the lapse of certain conditional rights to securities.
The group reported that 5,310 rights (security code L1GAA) ceased on 31 December 2025 after the conditions attached to those rights were not, or could no longer be, satisfied. The announcement signals a modest reduction in potential future share issuance, slightly simplifying L1 Group’s capital base but without indicating any immediate change to its underlying operations.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.