Af Legal Group Limited · ASX:AFL
Af Legal — Shareholder Meeting (November 2025)
13 slides from Af Legal's shareholder meeting presentation, Nov 27, 2025
Slide 1: 2025 Annual General Meeting
For personal use only 2025 Annual General Meeting Brisbane 27 November 2025 1
Slide 2: Q1 FY26 Highlights
Q1 FY26 Highlights Revenue growth of 43% on prior corresponding period (pcp), with Q1 FY26 average weekly revenue of $692k per week For personal use only representing a new high Our significant turnaround continues to gain momentum: Normalised NPBT attributable to the owners of AF Legal Group
Slide 3: Revenue growth accelerating as is profitability
Revenue growth accelerating as is profitability Average Weekly Revenue ($000) Normalised NPBT attributable ($000) For personal use only 692 605 494 821 782 465 622 561 510 271 388 344 (407) (463) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 [ FY22 ] [ FY23 ] [ FY24 ] [ FY25 ] FY26 H2 FY22 H1 H
Slide 4: Revenue growth continues to accelerate
Revenue growth continues to accelerate Half Year Revenue ($000) For personal use only Q1 FY26 Revenue of $9.0 million up by $2.7 million or 43% on the prior corresponding period of Q1 FY25 at $6.3m (pcp) Up 14% on the previous high achieved in the preceding quarter (Q4 FY25) Armstrong Conteste
Slide 5: Revenue continues to hit new highs with more to come
Revenue continues to hit new highs with more to come Average Weekly Revenue ($000) Average Weekly Revenue (AWR) for Q1 FY26 was $692k per week but For personal use only 692 even higher towards the end of the quarter Our strengthening weekly revenue trend has continued into Q2 with 605 the first
Slide 6: Leveraging impact on underlying profit becoming clearer
Leveraging impact on underlying profit becoming clearer Normalised NPBT attributable to owners of AF Legal Group of For personal use only $0.782 million for Q1 FY26 was up $0.42m or 116% on pcp (Q1 FY25: $0.362m) Q1 FY26 NNPBT attributable represents 57% of the full year FY25 underlying profit a
Slide 7: Operating leverage growing underlying profit
Operating leverage growing underlying profit Normalised NPBT attrib % 9.6% Normalised NPBT attributable margin at 8.7% is strong relative to our For personal use only short-medium term 10% margin aspiration 5.6% Adjusted for the impact of Minority Interest revenue this lifts to 4.0% 9.6% for Q1
Slide 8: Balance Sheet Q1 movements
Balance Sheet Q1 movements Consolidated Statement of Financial Position As at 30 September 2025 30-Sep-25 30-Jun-25 Movement Movement Net Total assets at $10.7 million increased by $0.85 million (30 June For personal use only $'000 $'000 $'000 % ASSETS 2025: $9.8 million) CURRENT ASSETS Cash and c
Slide 9: Cashflow Statement
Cashflow Statement Cashflow Statement Q1 FY26 Q4 FY25 Variance FY25 $ $ $ $ Operating cash flow for Q1 FY26 was an inflow of $0.339 million (Q4 For personal use only Cash Flows From Operating Activities Receipts from customers 7,842 7,400 441 26,397 FY25: inflow of $0.462 million) due in part to:
Slide 10: Focus and Outlook FY26
For personal use only Focus and Outlook FY26 10
Slide 11: Focus and Outlook
Focus and Outlook For personal use only People-first culture New Client Activity Profitability Proven growth model GPTW lift to 85% in Nov-25 (Oct- Sponsorship & Executive Producer Improving underlying Profitability Expand into new regions and 24: 84%, Aug-23: 53%) of Millie Vs – The Film cr
Slide 12: Our Growth Strategy
Our Growth Strategy Our short-medium term aspirational target for AF Legal is $50 million Revenue & $5 million NPBT attributable Grow existing Family Law practices through team expansion Entered 2 new markets opening new serviced office locations For personal use only Opening complementary FL
Slide 13: Thank You
For personal use only Thank You 13