Centrepoint Alliance (ASX:CAF) disclosed a 16% increase in normalised EBITDA to $12.3 million for the year ended 30 June 2026, as the company's Chair and Chief Executive Officer presented their addresses to the Annual General Meeting on 13 November 2026.

Key Points

  • Normalised EBITDA rose 16% to $12.3 million for FY26, with the normalised EBITDA margin improving to 29% from 26% in the prior year.
  • Net revenue reached $43.0 million, with the cost-to-income ratio falling from 88% to 71% over five years.
  • Centrepoint finished FY26 as the largest adviser network in Australia, with 576 licensed advisers and 201 self-licensed firms.
  • A fully franked final dividend of 1.75 cents per share was declared, bringing total fully franked ordinary dividends for FY26 to 3.0 cents per share.
  • Acquisitions of Cairns Wealth, Pinnacle Wealth and a 51% interest in SEQ Advice Group were completed shortly after year-end.

FY26 Financial Results and Five-Year Performance

According to the AGM presentations, Centrepoint Alliance's normalised EBITDA increased 16% to $12.3 million for the year ended 30 June 2026, with the normalised EBITDA margin improving to 29% from 26% in the prior year. Over the past five years, normalised EBITDA has grown 262% and net revenue has risen 53% to $43.0 million. The cost-to-income ratio fell from 88% to 71% over the same period. The salaried advice business recorded revenue of $10.3 million during the year, an increase of 22%, supported by fee increases, improved adviser productivity and the contribution of the Brighter Super advice review book.

Adviser Network Scale and Acquisitions

The filing states Centrepoint Alliance ended FY26 as the largest adviser network in Australia, with 576 advisers operating under its licence and 201 self-licensed firms in its network. Advisers within the franchise continued to generate higher average revenue per client. The company completed the acquisitions of Cairns Wealth, Pinnacle Wealth and a 51% interest in SEQ Advice Group shortly after year-end. Since February 2021, the company has returned 17.5 cents per share, or $31.6 million, to shareholders through ordinary and special dividends, alongside a cumulative total shareholder return of 130%.

Artificial Intelligence Capability and Governance

The filing disclosed that during FY26, Centrepoint Alliance moved from ad hoc experimentation to a governed, in-house AI development capability. The company appointed a Head of AI Engineering and established an extensible architecture designed to develop reusable capabilities deployable across the Group. The company said this initiative is underpinned by a firm-wide AI governance framework, AI-use policies and staff training. The filing also noted the company is preparing for mandatory climate-related disclosures and that the Board continues to oversee environmental, social and governance matters as part of its ongoing risk management framework.