Real estate firm The Agency Group Australia (ASX:AU1) reported a 41.4% increase in gross commission income for the second quarter of the 2026 fiscal year, bolstered by record sales volumes on the nation’s East Coast.
The company’s GCI reached $44.3 million for the three months ended Dec. 31, 2025, up from $31.3 million in the prior year.
Total revenue for the period rose 17.2% to $29.7 million, while the value of properties sold jumped 40% to a total of $2.6 billion.
Managing Director Geoff Lucas attributed the performance to a "significant increase in sales momentum," particularly in New South Wales.
The agency’s East Coast operations saw transaction values surge 69% to $1.7 billion, offsetting a steadier 8% growth in the Western Australian market, where sales totaled $939.6 million.
The firm expanded its workforce to 474 agents, a net increase of 32 since June 2025.
The company’s property management portfolio grew 17.4% year-on-year, with 12,413 properties now under management.
Management stated that the current GCI run-rate has reached approximately $150 million.
The group expects further growth as it integrates a pipeline of newly recruited agents projected to contribute an additional $10 million in annual commissions.
At the time of reporting, The Agency Group Australia’s share price was $0.030.