Qualitas Limited (ASX:QAL) Reports 1H25 Financial Results
Financial Performance
Qualitas Limited (ASX: QAL) reported a normalised net profit after tax (NPAT) of $16.2 million for the first half of 2025, marking a 28% increase year-on-year. The company saw a 37% rise in principal income and a 20% growth in net funds management revenue. Normalised EBITDA margin, excluding performance fees, expanded by 2% compared to the previous year.
Dividend Declaration
The company declared an interim fully franked dividend of 2.5 cents per share, representing a payout ratio of 46%.
Outlook and Guidance
Qualitas affirmed its FY25 guidance with an estimated normal profit before tax (NPBT) range of $49 million to $55 million, reflecting a 26% to 41% increase from FY24. The company expects continued growth driven by recurring base management fees and principal income.
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