HUB24 (ASX:HUB) delivered a powerhouse financial performance for the first half of fiscal year 2026, underscored by a 60% rise in underlying net profit after tax, reaching $68.3 million.
The stellar result was fueled by record platform net inflows of $10.7 billion, propelling total funds under administration to a staggering $152.3 billion.
The company's statutory NPAT saw an even more dramatic rise, jumping 80% to $59.7 million, signaling robust operational health and high-efficiency scaling.
The platform segment remains the company's primary engine, generating $199.7 million in revenue—a 30% increase—while gaining significant market share.
HUB24 now stands as the sixth largest platform in the industry, bolstered by 75 new licensee agreements and a growing network of 5,277 advisers.
Despite a 20% increase in operating expenses to $141 million—driven by strategic investments in technology and headcount—the group's underlying EBITDA margin expanded to 42.7%, showcasing strong financial discipline.
The board declared a fully franked interim dividend of 36 cents per share, a 50% jump for shareholders.