MA Financial posts record $230M FY26 revenue

• MA Financial Group reported a record underlying revenue of $230.1 million for the first half of 2026.
• Investors responded by sending the share price up 17.47% to $7.31 on the day of the announcement.
• Management stated that the results were driven by a strategic shift towards recurring revenue streams.

MA Financial Group (ASX:MAF) reported record underlying revenue of $230.1 million for the first half of 2026.

The underlying revenue figure represents a 41% increase compared to the corresponding period in 2025.

Underlying EBITDA came to $68.2 million, while underlying net profit after tax reached $35.9 million.

The company stated that its underlying earnings per share climbed 45% to 20.3 cents, excluding notable items.

Net interest margin in H1 was broadly flat on H2 2025 at 1.33% and in the upper half of the business's target range of 1.2%–1.4%.

Total assets under management grew 44% to reach $15.5 billion across the group.

Following the announcement, the MA Financial share price was up at $7.06.

The company’s board declared an interim dividend of 8 cents per share, up from a prior-year dividend of 6 cents per share.

The business expanded its recurring revenue base to represent a record 72% of total underlying revenue.