Clime Capital receives qualified audit on FY26 results

• Clime Capital reported a qualified audit opinion alongside its FY26 pre-tax profit of $13.4 million.
• The company declared a September quarter dividend of 1.35 cents and a special dividend of 0.5 cents, both 50% franked.
• A detailed internal valuation review is underway to address reporting concerns regarding unlisted portfolio trust holdings.

Clime Capital (ASX:CAM) reported a $13.4 million pre-tax profit for FY26 while receiving a qualified audit opinion regarding unlisted unit trust holdings.

The qualified audit opinion arose from heightened market scrutiny surrounding private credit and unlisted investments held within the portfolio.

Directors noted they are currently undertaking a detailed review of the valuation and reporting received for these unlisted investments.

The board stated that it is not aware of any required valuation adjustments for the unlisted holdings at this stage.

Following the announcement, the Clime Capital share price was down at $0.62.

The company's listed portfolio delivered a 17% gross asset return over FY26 by reducing low-yielding assets and increasing resource exposures like CSL (ASX:CSL).

Clime Capital maintains a profit reserve of $35.8 million alongside an estimated pre-tax net tangible assets figure of 81.5 cents per share.