Top Page
Pacific Current Group Ltd
(Sydney:PAC)
Pacific Current Group Ltd (PAC) vs. iShares MSCI Australia ETF (EWA)
Pacific Current Group Ltd Business Overview & Revenue Model
Pacific Current Group Ltd Earnings Call Summary
Pacific Current Group Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -16.61M | 128.14M | 104.72M | 44.51M | 43.56M | 44.54M |
| Gross Profit | -19.98M | 122.98M | 101.86M | 40.66M | 40.29M | 41.06M |
| EBITDA | -51.22M | 113.52M | 172.13M | -5.04M | -49.19M | 24.01M |
| Net Income | -53.86M | 58.16M | 110.08M | -15.79M | -35.27M | 17.41M |
Balance Sheet | ||||||
| Total Assets | 421.98M | 523.42M | 727.88M | 612.38M | 608.97M | 463.02M |
| Cash, Cash Equivalents and Short-Term Investments | 152.33M | 137.89M | 343.32M | 23.20M | 34.89M | 28.30M |
| Total Debt | 0.00 | 62.09M | 64.01M | 2.83M | 1.05M | 680.00K |
| Total Liabilities | 4.94M | 78.76M | 128.82M | 102.15M | 82.25M | 60.21M |
| Stockholders Equity | 417.04M | 444.66M | 599.06M | 509.52M | 524.81M | 402.38M |
Cash Flow | ||||||
| Free Cash Flow | 13.48M | 20.20M | -2.37M | 19.18M | 23.19M | 29.06M |
| Operating Cash Flow | 13.48M | 20.21M | 20.61M | 21.82M | 23.47M | 29.15M |
| Investing Cash Flow | 288.71M | 206.34M | 63.47M | -55.12M | 4.76M | -5.87M |
| Financing Cash Flow | -345.40M | -284.46M | -10.46M | 22.10M | -23.18M | -14.07M |
Pacific Current Group Ltd Technical Analysis
Pacific Current Group Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$222.74M | 12.52 | 9.11% | 17.89% | 18.74% | 88.57% | |
73 Outperform | AU$333.67M | 16.81 | 32.31% | 4.00% | 10.61% | 23.34% | |
72 Outperform | AU$64.02M | 7.05 | 32.22% | 6.39% | 22.67% | 19.47% | |
70 Outperform | AU$300.52M | -5.61 | 11.44% | 4.17% | 31.09% | -75.49% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
Pacific Current Group Ltd Corporate Events
Pacific Current Group has released a first-half FY26 results presentation, outlining its current financial performance and operational position as at 24 February 2026. The company cautions investors that the link between funds under management and its own earnings can vary significantly depending on fee structures, ownership levels and the specific terms of each boutique relationship.
Management also warns against simply extrapolating financial outcomes from headline FUM trends, signalling the complexity of its business model for investors and analysts. The presentation is framed as general information rather than investment advice, underscoring regulatory sensitivity and highlighting that actual results may differ from expectations due to various risks and uncertainties.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group reported a sharp fall in underlying NPAT to A$6.7m for the half year to 31 December 2025, down 56% amid lower distributions, management fees and interest income, though it achieved a 31% cut in corporate costs. Funds under management slipped 4% to A$28.8b, underlying EPS fell to A$0.22, and a statutory net loss of A$11.7m reflected fair value adjustments, yet the board lifted the fully franked interim dividend to A$0.20 per share and reported an increase in fair value NAV to A$16.34 per share.
The group undertook several balance sheet and portfolio moves, including a partial sale of its stake in Victory Park Capital and a full exit from Janus Henderson Group, raising liquidity while simplifying holdings. It fully repaid a A$64.3m senior secured facility, initiated an on-market buy-back that has contributed to a 43% reduction in shares on issue over 12 months, and deployed selective growth capital via new loan facilities to boutique affiliates, signalling an ongoing focus on capital efficiency and support for partner managers despite softer earnings.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Limited has declared an interim dividend of A$0.20 per ordinary fully paid share for the six-month period ended 31 December 2025, reflecting its ongoing capital return policy to investors. The dividend will trade ex on 4 March 2026, with a record date of 5 March and payment scheduled for 9 April, providing income visibility for shareholders and underscoring the company’s continued commitment to regular cash distributions.
The announcement indicates that no additional regulatory or court approvals are required before payment, simplifying the timetable and reducing execution risk for the distribution. The move may support PAC’s market positioning among income-focused investors on the ASX, as predictable dividend flows remain a key consideration for shareholders in the investment management sector.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Limited, a Sydney-based multi-boutique asset manager, applies its capital and institutional distribution network to help a global roster of eight boutique investment firms grow. The company targets value creation for shareholders and partners by combining financial investment with operational support across its specialist manager network.
The firm has released its Appendix 4D and financial report for the half year to 31 December 2025, showing a sharp fall in statutory revenue and a swing to a net loss despite an improvement in underlying profit before interest, tax, depreciation and amortisation. While underlying profitability remained positive, the steep decline in reported earnings and revenue signals a more challenging period for the group and may prompt investors to focus closely on the quality and sustainability of its underlying results and capital returns, including dividends.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Limited has agreed to provide a US$25.1 million senior secured loan facility to IFP Group, LLC, an existing portfolio company, as part of its multi-boutique asset management strategy. The facility, which carries a base interest rate of 10% and is secured by a first-ranking charge over all borrower assets, underscores Pacific Current’s role as both equity investor and credit provider to its affiliates.
The four-year bullet maturity loan will be drawn progressively and includes a refinance component to retire existing debt as well as a growth acquisition tranche to fund advisor book acquisitions, transition packages and other approved initiatives. By structuring the growth capital with leverage-linked pricing, strict use-of-proceeds controls and transaction-by-transaction approvals, Pacific Current strengthens IFP’s expansion capacity while enhancing its own risk-adjusted returns and credit positioning within its portfolio.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group has announced it will host a conference call to discuss its 2026 half-year results at 10:00am AEDT on 24 February 2026, led by Managing Director Michael Clarke and Acting CFO Ron Patel. The results briefing, accessible via webcast or teleconference with pre-registration required for Q&A participation, underscores the firm’s ongoing engagement with investors and provides a platform for stakeholders to assess portfolio performance and strategic progress across its network of boutique asset management partners.
By making both a live webcast and an archived recording available, the company is aiming to broaden access to its financial disclosures for both domestic and international investors. The call is expected to offer insight into how Pacific Current’s multi-boutique investment model is tracking amid market conditions, which may influence investor sentiment toward the group and its underlying boutique affiliates.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group has outlined its key corporate dates for calendar year 2026, detailing the timetable for half-year and full-year financial results, interim and final dividend events, and quarterly funds under management disclosures. The schedule also confirms timing for director nomination deadlines and the November 2026 annual general meeting, giving investors clear visibility over the company’s reporting and governance calendar.
The release signals a structured approach to financial communication and capital management, with dividend dates flagged as subject to final board determination. By publishing an indicative timeline well in advance, Pacific Current aims to enhance transparency for shareholders and other stakeholders, aiding planning around earnings, dividends and governance milestones across the year.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Limited has notified the market that 58,407 ordinary shares will be released from voluntary escrow on 16 February 2026, in line with ASX Listing Rule 3.10A. The small escrow release modestly increases the freely tradable share pool, providing incremental liquidity for investors without signalling any change to the firm’s underlying multi-boutique asset management strategy or its existing holdings in eight global boutique partners.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group reported that total funds under management across its boutique asset managers fell to A$28.8 billion as at 31 December 2025, down from A$29.8 billion the previous quarter, a 3.2% decline in Australian dollar terms driven mainly by market revaluations, distributions and the appreciation of the Australian dollar. Management characterised overall FUM as stable, with Astarte and IMC Global delivering modest net inflows and market-driven gains, while Pennybacker and Victory Park saw inflows offset by weaker performance and Roc Partners experienced outflows partly balanced by inflows and market gains; the group also cautioned investors that movements in FUM do not translate directly into PAC’s earnings because fee structures, ownership stakes and economic arrangements differ significantly across boutiques.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Limited has confirmed the cancellation of 191,800 fully paid ordinary shares following completion of an on‑market share buy-back on 15 December 2025. The move reduces the company’s issued capital and is likely aimed at improving capital management efficiency and enhancing value for remaining shareholders by consolidating ownership and potentially supporting earnings per share over time.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update on its ongoing on-market buy-back program, with a total of 22,013 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 169,787 securities repurchased. This buy-back initiative reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value, indicating a proactive approach to managing its financial resources and market positioning.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of December 11, 2025, the company has bought back a total of 148,472 securities, with 21,315 repurchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of December 9, 2025, the company has bought back a total of 126,445 securities, with 24,217 acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of December 5, 2025, the company has bought back a total of 96,457 securities, with 10,500 purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing share buy-back program. The company reported buying back a total of 1,974 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 83,983. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. The company reported that a total of 9,745 securities were bought back on the previous day, adding to the 74,238 securities bought back before that day. This buy-back activity is part of the company’s strategic financial management efforts, potentially impacting its stock value and shareholder returns.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update on its ongoing share buy-back program, with a total of 9,569 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 64,669 securities. This buy-back initiative is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting confidence in its financial position.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update on its ongoing share buy-back program, revealing that a total of 8,809 ordinary fully paid securities were repurchased on the previous day, adding to the 55,860 securities bought back before that. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing share buy-back program. As of November 27, 2025, the company has repurchased a total of 55,860 ordinary fully paid securities, with 9,575 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of November 26, 2025, the company has bought back a total of 46,285 ordinary fully paid securities, with 2,797 securities purchased on the previous day. This buy-back program is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.
Pacific Current Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of November 25, 2025, the company has repurchased a total of 43,488 ordinary fully paid securities, with 5,523 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:PAC) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Pacific Current Group Ltd stock, see the AU:PAC Stock Forecast page.