Mirrabooka Investments reported a net profit of $10.7 million for the fiscal year ended June 30, representing a 5.1% drop from $11.3 million in the prior-year period.
Net profit per share also fell to 5.56 cents from the previous year's 5.92 cents per share.
Despite the decline, the company reported a 3.2% increase in revenue from operating activities, totalling $12.1 million. Realised gains after tax for the year were $30.8 million, up from $16.6 million last year.
The company announced a final dividend of 6.5 cents per share, unchanged from last year, and a special dividend of 2.5 cents per share, both fully franked.
Total dividends for the year amount to 13.0 cents per share, down from 14.5 cents in the prior year, which included a 4.5 cent special dividend.
Both dividends will be disbursed on Aug. 16, with shares trading ex-dividend from July 30.
The investment company achieved a 12-month portfolio return of 17.4% with franking, outperforming the benchmark's 8.7%.
Over the past 10 years, Mirrabooka's annual return was 11.6%, compared to the benchmark's 9.7%, both figures inclusive of franking and after costs.
"The strong income contribution from the option portfolio offset the decline in the trading portfolio's contribution, said Managing Director Mark Freeman.
The trading portfolio contributed $1.3 million, while the option portfolio increased to $2.5 million from $1.3 million.
The company remains cautiously optimistic on its outlook for near to medium-term investments.
Key factors driving uncertainty include global inflation, interest rates, and the impact on consumer spending, alongside the implications of recent or upcoming elections in major developed markets.