Fiducian Group Ltd · ASX:FID
Fiducian — H1 FY2026 Earnings Presentation
26 slides from Fiducian's earnings presentation, Feb 16, 2026
Slide 1: FY 2026 Half-year Results Investor Presentation
FY 2026 Half-year Results INVESTOR PRESENTATION Indy Singh – Executive Chairman, Fiducian Group Rahul Guha – Executive Chairman, Fiducian Services and Group CFO Sydney, 16 February 2026 1
Slide 2: Agenda
Agenda FY2026 Half-year Update • Business Overview • Financials • Key Dates and Contacts 2
Slide 3: FY2026 H1 Highlights
FY2026 H1 Highlights FUMAA Netflows ➢ Number of eps-accretive smaller $15.6b up 9% $178m acquisitions implemented ➢ Enhanced SMA offering launched: Auxilium Portfolio Service Gross Revenue UNPAT ➢ Platform fees reduced effective 1 July 2025 $48.5m up 9% $11.5m up 17% ➢ Net Inflows invested in Fiduci
Slide 4: Long-term consistent earnings growth
Long-term consistent earnings growth • Steady business – ‘boring, but with long-term sustainable growth trajectory’ • Annualised top-line revenue growth 13.0% over the last ten years. • EPS growth at 13.6% over the same period exceeds revenue growth 4
Slide 5: Business segments
Business segments Platform Administration Funds Management Financial Planning • Average FUAdm: $4,236 mil • Average FUM: $5,993 mil • Average FUA Salaried: $2,567 mil • H1 Fees: $12.1 mil • H1 Gross Fees: $19.0 mil • H1 Fees Salaried: $7.1 mil • Annualised margins: 57 bps • Net margins (after extern
Slide 6: FY2026 Half-Year: Platform Administration
FY2026 Half-Year: Platform Administration Core Fiducian platform1 • Net inflows $178 million in first half from aligned financial advisers • Almost 100% of new Inflows are invested through Fiducian platform and in Fiducian multi-manager funds • Funds Under Administration (core and badges): • $3,840
Slide 7: Platform Administration
Platform Administration • Fees include head-line administration fees, account keeping fee, transaction fees, brokerage, margins from cash held in the platform and expense recovery fee etc. • Both Salaried and Franchised networks contributing to the Net Inflows • Combination of organic flows from act
Slide 8: Platform Administration – Auxilium and Badges
Platform Administration – Auxilium and Badges • Low-cost value proposition, Auxilium, directly competing to disrupt the existing disruptor platforms through in-house technology, advanced reporting capabilities and high standard of service • Auxilium gaining momentum from external dealer-groups • Str
Slide 9: Funds Management: Manage the Manager System
Funds Management: Manage the Manager System Highly Active Diversification The Manage the Manager Exposure across System can deliver better different countries, long-term returns than investment styles and traditional active or asset classes should passive investment styles. deliver better risk- adju
Slide 10: Funds Management
Funds Management • Consistently superior results over long term against the world’s best fund managers in the Australian market over long term • Over 20 years, the four Fiducian diversified funds ranked in the top decile to top quartile in 29 out of 64 readings against up to 164 fund managers on Zen
Slide 11: Funds Management
Funds Management • Funds Under Management (FUM): • $5,572 million as at December 2024 ($5,420 million 6 monthly average) • $6,009 million as at December 2025 ($5,993 million 6 monthly average) • $6,022 million as at January 2026, an increase of 11% over December 2024 6-monthly average • Potentially
Slide 12: FinTech Capabilities
FinTech Capabilities • Proven and time-tested Fintech capabilities underpin Fiducian’s successful business model • Market leading in-house systems: • ‘Fastrack’ Platform Administration System • ‘FORCe’ Adviser driven Financial Planning Software • ‘Fiducian Online’ holistic Client reporting • Fiducia
Slide 13: FY2026 Half-Year: Financial Planning
FY2026 Half-Year: Financial Planning • Enabler of steady flows to Funds and Platform • 68 Financial Advisers and 43 offices nationwide • Inflow targets $6 million for each Financial Adviser • Revenue targets raised 10% to 20% per annum for Salaried Advisers BUSINESS OVERVIEW 13
Slide 14: Financial Planning
Financial Planning • Funds Under Advice (FUA): • $4,956 million as at December 2024 • $5,328 million as at December 2025 • $1,607 million in external platforms – work underway to transition to proven & successful compliant Fiducian process where in clients’ best interest • Estimated $0.5 billion non
Slide 15: Staffing
Staffing • December 2025 staff number 172 (compared to 171 in December 2024) • Staff loyalty and knowledge base remain high; the average tenure of senior staff is 14 years. • Continuing training and professional development assist with growth, efficiency and motivation • Staff retention is key and r
Slide 16: Financials
Financials 16
Slide 17: FY 2026 Half-Year Financial Highlights
FY 2026 Half-Year Financial Highlights FINANCIALS 17
Slide 18: Segment Reporting
Segment Reporting FINANCIALS 18
Slide 19: FID outperformance against All Ords Accum Index
FID outperformance against All Ords Accum Index • Since Jun 12, FID has outperformed All Ords by 1502% (including dividend) • Dividend pay-out policy is 60-80% of Underlying Net Profit After Tax • H1 2026 dividend is 25.50 cents FINANCIALS 19
Slide 20: Dividends – $1,000 invested on 1 July 2012
Dividends – $1,000 invested on 1 July 2012 • The graph shows that $1,000 invested in FID on 1 July 2012 delivered a fully franked dividend of $517.53 in last two periods alone • Double digit Underlying EPS growth (based on UNPAT) in 20 out of 26 years since listing FINANCIALS 20
Slide 21: Funds Under Management, Administration and Advice (FUMAA) Growth
Funds Under Management, Administration and Advice (FUMAA) Growth ✓ Consistent FUMAA growth from strong organic and inorganic inflows ✓ Increase in FUA as proportion of FUMAA reflects recent acquisition Explanatory Notes: • FUA includes assets held in Fiducian and External platforms • FUM includes cr
Slide 22: Projecting the Potential: Conceptual Representation
Projecting the Potential: Conceptual Representation The following is a conceptual extrapolation* of how increasing scale lifts EBITDA at an accelerating rate above a relatively fixed cost base: • This is not a projection Funds under Management, Administration and Advice (FUMAA) & EBITDA or a forward
Slide 23: Regulatory matter – update on ASIC case
Regulatory matter – update on ASIC case • ASIC commenced civil proceedings in relation to Fiducian Diversified Social Aspirations Fund (DSAF) in October 2025. Fiducian has fully cooperated with ASIC’s investigations to date. • DSAF, a multi-manager fund ceased to operate in May 2024 due to a lack of
Slide 24: Key Dates and Contacts
Key Dates and Contacts FY2026 Half-years Results Investor Presentation (Online) • Time / Date: 12:30 to 1.30 pm AEST, Monday 16 February 2026 • Registration details: https://eur.cvent.me/E5yVWg Key Dates • Half-year Dividend Record Date: 02 March 2026, Payment Date: 16 March 2026 • Full year results
Slide 25: Disclaimer
Disclaimer Information in this document and given in the presentation is of a general nature. It is not intended to be, nor does it, constitute financial, legal or tax advice. The information is given in good faith and, although care has been exercised in compiling it, Fiducian Group Limited and the
Slide 26: Disclaimer
Disclaimer Source: Zenith funds survey. © FE fundinfo (Australia) Pty Limited ABN 18 601 868 311 (FE fundinfo), Authorised Representative of Zenith Investment Partners Pty Ltd ABN 27 103 132 672, AFSL 226872 under AFS Representative Number 1297668. Data provided by FE fundinfo does not constitute fi