Financial Results for the Year Ended 30 June 2026
The Board of Perth Markets Group Limited (PMGL) is pleased to present the Group’s financial results for the year ended 30 June 2026.
Underlying pre-tax net operating profit reached a record $9.86 million, an increase of 20.8% from FY2025, driven by revenue growth, improved gross margin contributions, and disciplined cost management.
Investment property revaluations contributed a positive fair value movement of $10.5 million, compared with $22.4 million in FY2025. The lower movement reflected prevailing market conditions and changes in capitalisation rates.
Net profit after tax was $14.03 million, equivalent to 24 cents per share. This was 33.3% lower than FY2025, primarily due to the lower year-on-year increase in property valuations.
Net assets at 30 June 2026 were valued at $178 million, an increase of 6.1% from FY2025.
The key FY2026 financial results, with FY2025 comparatives, are summarised below:
2026 ($ Thousand) | 2025 ($ Thousand) | % Change | |
PMGL Net Operating Profit | 9,863 | 8,166 | 20.8% |
Fair Value Gain on Revaluation of Investment Properties | 10,498 | 22,352 | (53.0%) |
Fair Value Loss on Revaluation of Financial Assets | 0 | (37) | (100%) |
Acquisition Related Costs | (282) | (364) | (22.5%) |
Net Profit Before Tax | 20,079 | 30,117 | (33.3%) |
Current Tax Expense | (2,605) | (1,545) | 68.6% |
Deferred Tax Expense | (3,406) | (7,472) | (54.4%) |
Under/Over Provision | (31) | (61) | (49.2%) |
Net Profit After Income Tax | 14,037 | 21,039 | (33.3%) |
Total Assets at Balance Date | 374,756 | 333,496 | 12.4% |
Net Assets at Balance Date | 178,119 | 167,867 | 6.1% |
Net Equity per Share | $3.03 | $2.85 | 6.3% |
Final Dividend
The Board has declared a fully franked final dividend of 5.7 cents per share, payable on 16 October 2026 to shareholders registered as at 22 September 2026.
This brings the total FY2026 dividend to a record 9.9 cents per share, 32% above FY2025. The higher dividend reflects the Company’s strong underlying performance, supported by a net equity per share increase of 6.3% year on year at $3.03 per share.
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.