Financial Results for the Year Ended 30 June 2025
Perth Markets Group Limited (PMGL) is pleased to announce the results of the Group for the full year ended 30 June 2025.
PMGL has reported an Underlying Pre-Tax Net Operating Profit of $8.17 million for the full year, reflecting a 13.4% increase over FY2024.
The revaluation of investment property delivered a fair value gain of $22.35 million, underpinned by strong site revenues and higher land values. This outcome represents a 44.1% increase on FY2024’s increase and reflects the continued strength of PMGL’s asset base.
Net Profit After Tax is reported at $21.04 million, delivering a return of 36 cents per share, a 36.9% increase on FY2024.
A summary of key financial results and comparatives are provided in the table below:
2025 ($ Thousand) | 2024 ($ Thousand) | % Change | |
PMGL Net Operating Profit | 8,166 | 7,202 | 13.4% |
Fair Value Gain on Revaluation of Investment Properties | 22,352 | 15,515 | 44.1% |
Fair Value Loss on Revaluation of Financial Assets | (37) | (409) | (91.0%) |
Acquisition Related Costs | (364) | (350) | 4.0% |
Net Profit Before Tax | 30,117 | 21,958 | 37.2% |
Current Tax Expense | (1,545) | (1,725) | (10.4%) |
Deferred Tax Expense | (7,472) | (4,825) | 54.9% |
Net Profit After Income Tax | 21,039 | 15,369 | 36.9% |
Total Assets at Balance Date | 333,496 | 292,667 | 14.0% |
Net Assets at Balance Date | 167,867 | 151,826 | 10.6% |
Net Equity per Share | $2.85 | $2.58 | 10.6% |
The Board has declared a fully franked final dividend of 4.2 cents per share for FY2025, payable on 9 October 2025. This brings the total dividend for the year to 7.5 cents per share, representing a 15.4% dividend increase on FY2024. The uplift reflects the Company’s strong underlying performance, including a 10.6% year-on-year increase in shareholder equity for a total shareholder return of 13.5%.
A full copy of the annual financial statement can be viewed on our website by clicking here.
Scott Gibson
Chief Executive Officer
Those who are interested in buying or selling share in PMGL can email PMGL’s Company Secretary at companysecretary@perthmarket.com.au to register interest and obtain the required information.