Added to YB: 2026-03-02
Pitch date: 2026-02-24
HUB.AX [neutral]
HUB24 Limited
+5.65%
current return
Author Info
No bio for this author
Company Info
HUB24 Limited, a financial services company, provides integrated platform, technology, and data solutions to wealth industry in Australia.
Market Cap
AUD 7.8B
Pitch Price
AUD 92.57
Price Target
N/A
Dividend
0.75%
EV/EBITDA
N/A
P/E
74.26
EV/Sales
N/A
Sector
Capital Markets
Category
growth
HUB24 (ASX: HUB) H1 FY 2026 Results Show Strong Profit Growth
HUB.AX (earnings): H1 FY26 rev $246M, record stat profit $59.7M, underlying diluted EPS 82.9c (+63% YoY). Platform FUM growing rapidly, taking share from AMP/Macquarie. Technology segment weak: 10% rev growth, 15% cost growth. Underlying FCF $40M (68% of NPAT), but strict FCF negative after $73M loan to Super Fund Trustee. Net cash $27M. Trading 62x P/E on $1.46 run-rate EPS. Valuation stretched but quality warrants hold after recent profit-taking at $95-$100.
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