Euroz Hartleys H1 net profit soars 121% as ECM activity drives growth

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Euroz Hartleys H1 net profit soars 121% as ECM activity drives growth
Euroz Hartleys H1 net profit soars 121% as ECM activity drives growth
Isaac Francis
Written by Isaac Francis
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Euroz Hartleys (ASX:EZL) has reported strong unaudited results for the first half of the 2026 financial year, with net profit more than doubling compared to the previous corresponding period.

The group expects total revenue of approximately $76.7 million and a net profit after tax of around $13.8 million, up 121% from $6.25 million a year earlier.

In line with the strong performance, the company has declared a fully franked interim dividend of 2.5 cents per share, a modest increase on the prior period.

The group's equity capital markets business drove much of the growth, completing $1.78 billion in raisings for the half-year—an 84% increase compared with the prior corresponding period—and boosting ECM revenues by roughly 56%.

Advisory revenues also improved, supported by significant transactions for Ramelius Resources, SRG Limited, and Alkane Resources.

Capital Markets and Private Wealth brokerage revenues rose, with total brokerage up 31% on the previous half-year.

Euroz Hartleys reported funds under management of approximately $5.095 billion as of Dec. 31, 2025, up from $4.449 billion at June 30, 2025.

Executive Chairman Andrew McKenzie highlighted the group’s team-based culture as a key driver of its expanding market share, while emphasising the company's strong balance sheet—$71.1 million in cash and $23.2 million in investments—which supports ongoing operations and gives confidence to advisers and clients alike.

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