Top Page
MA Financial Group Limited
(Sydney:MAF)
MA Financial Group Limited (MAF) vs. iShares MSCI Australia ETF (EWA)
MA Financial Group Limited Business Overview & Revenue Model
MA Financial Group Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.21B | 875.04M | 778.15M | 241.98M | 175.84M |
| Gross Profit | 316.08M | 872.38M | 317.40M | 212.53M | 156.99M |
| EBITDA | 318.06M | 173.46M | 118.72M | 70.80M | 63.69M |
| Net Income | 41.79M | 28.52M | 44.85M | 32.04M | 26.48M |
Balance Sheet | |||||
| Total Assets | 6.02B | 3.57B | 2.25B | 872.87M | 569.34M |
| Cash, Cash Equivalents and Short-Term Investments | 231.29M | 341.55M | 311.69M | 250.20M | 160.89M |
| Total Debt | 4.56B | 2.23B | 1.01B | 416.61M | 273.44M |
| Total Liabilities | 5.60B | 3.11B | 1.84B | 502.84M | 332.49M |
| Stockholders Equity | 417.53M | 397.54M | 409.59M | 370.03M | 236.86M |
Cash Flow | |||||
| Free Cash Flow | -9.33M | -1.13B | -296.66M | -44.75M | 29.57M |
| Operating Cash Flow | -2.46M | -1.13B | -283.80M | -42.55M | 29.97M |
| Investing Cash Flow | 4.41M | 19.29M | -127.36M | -162.60M | -66.10M |
| Financing Cash Flow | -6.32M | -3.93M | 311.28M | 201.87M | 45.25M |
MA Financial Group Limited Technical Analysis
MA Financial Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | €1.74B | 11.02 | 16.50% | 5.92% | -13.22% | -29.69% | |
| ― | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
| ― | AU$1.92B | 23.17 | 5.59% | 5.46% | 38.64% | -21.14% | |
| ― | AU$569.04M | 17.61 | 8.50% | 4.71% | 4.26% | 79.41% | |
| ― | $4.53B | 25.00 | 4.59% | 1.70% | -14.92% | 179.69% | |
| ― | €2.21B | -37.25 | -3.34% | 6.01% | 2.87% | 87.93% | |
| ― | AU$1.66B | 39.92 | 8.97% | 2.00% | 35.30% | 44.24% |
MA Financial Group Limited Corporate Events
MA Financial Group Limited reported significant growth in its third-quarter 2025 operating update, with record gross fund inflows and a substantial increase in assets under management. The company announced plans to acquire Top Ryde City Shopping Centre for $525 million and is conducting due diligence on additional real estate assets. The Group’s lending and technology platform, Finsure, also saw a notable rise in managed loans and broker numbers, contributing to the company’s positive business momentum and expected higher earnings per share in the second half of 2025.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.55 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group, in partnership with Keppel REIT, has acquired the Top Ryde City Shopping Centre in Sydney for $525 million. This acquisition underscores MA Financial’s robust real estate capabilities and its strategic expansion in the retail sector. The Centre, a significant retail hub with high customer visitation, was acquired at a 45% discount to its estimated replacement cost, promising a fully leased yield of approximately 7.2%. The partnership aims to leverage the Centre’s social infrastructure characteristics to deliver strong investor returns amid favorable real estate cycle conditions.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.63 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited announced the cessation of 183,334 securities, which were canceled by agreement between the entity and the holder on August 27, 2025. This move may impact the company’s issued capital structure and reflects strategic decisions in managing its financial instruments, potentially affecting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.63 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited has announced the issuance of unquoted securities under an employee incentive scheme. These securities, known as Share Appreciation Rights, are subject to restrictions on transfer and will not be quoted on the ASX until the restrictions end. The issuance includes a total of 199,847 securities, with issue dates in May and July 2025. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational dynamics and aligning employee interests with company performance.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.63 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited has announced a change in the beneficial equity interest of its director, Julian Biggins. The notice indicates a reduction in Mr. Biggins’ beneficial equity interest from 5,065,167 to 4,815,167 shares due to changes in his holdings in two Pre-IPO Ownership Trusts. This adjustment does not confer a relevant interest in any securities, and no changes were made to his interests in contracts.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited announced that Andrew Pridham, through a trust he controls, sold 580,701 shares to meet contractual obligations. Despite the sale, Pridham maintains a significant stake in the company, holding 96.5% of his previous shares. This move is in response to increased investor demand for liquidity following the company’s HY25 results, and Pridham remains committed to his long-term investment in MA Financial and its managed funds.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited has issued over 11 million new shares as part of its acquisition of IP Generation, completed on September 1, 2025. This move signifies the company’s strategic growth and expansion efforts, potentially enhancing its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited has successfully completed the acquisition of IP Generation Pty Ltd, marking a strategic expansion in its operations. The acquisition involves the issuance of approximately 11.4 million MAF shares as part of the upfront consideration, with a deferred component to be paid in cash and shares in 12 months. This move is expected to enhance the company’s growth prospects, with additional earnout considerations contingent on future performance milestones.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited has announced the quotation of 11,441,531 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 1, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional liquidity for stakeholders.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited announced the early closure of the Shortfall Offer related to its MA Credit Income Trust, with demand exceeding expectations. This development is part of a larger Entitlement Offer aiming to raise $190.5 million, enhancing the Trust’s net assets to over $570 million. The increased scale is expected to bolster the Trust’s ability to offer diversified private credit exposure and robust lending opportunities, benefiting fund investors.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited reported strong financial results for the first half of 2025, with a 21% increase in underlying revenue to $163.4 million and a 26% rise in underlying EPS compared to the previous year. The company experienced significant growth across its business segments, including a 36% increase in gross fund inflows and a 134% growth in the MA Money loan book. The integration of IP Generation is progressing well, and the company is actively pursuing real estate assets. Despite one-off costs impacting statutory EPS, the company anticipates higher earnings in the second half of 2025, driven by its strategic investments and expansion efforts.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$8.80 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited reported a significant increase in revenue and total income for the first half of 2025, with revenue rising by 30% and total income by 50.5% compared to the same period in 2024. However, the company’s profit from ordinary activities and net profit after tax both declined by 43.7%, and total comprehensive income fell by 76%. Despite these declines, the company maintained its interim dividend per share at 6 cents, consistent with the previous year.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$8.80 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
MA Financial Group Limited has announced that it will release its half-year financial results for the period ending June 30, 2025, on August 21, 2025. The company will host a briefing for investors and analysts, which will be accessible via a webcast, indicating a commitment to transparency and stakeholder engagement.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.