Highlights

  • Generation Development Group reported FY2026 Revenue of A$178.7 million.
  • Funds under management reached A$46.5 billion at 30 June 2026.
  • The group operates through Generation Life, Evidentia Group and Lonsec.
  • Underlying EBITDA increased to A$59.2 million during FY2026.
  • The company declared a fully franked final Dividend of 1.0 cent.

Generation Development Group Limited (ASX:GDG) operates across life insurance, managed accounts and Investment research through its businesses Generation Life, Evidentia Group and Lonsec. The group provides financial products and services across different parts of the investment and advice sector.

FY2026 Financial Performance

GDG reported its FY2026 results on 27 August 2026. Total revenue increased to A$178.7 million, while underlying EBITDA was A$59.2 million and underlying net profit after tax was A$40.7 million. Statutory net profit after tax was A$31.9 million.

Underlying Earnings Per Share were 10.2 cents. Directors declared a fully franked final dividend of 1.0 cent, taking the full-year dividend to 2.0 cents.

Business Operations

Generation Development Group operates through three businesses. Generation Life provides investment bonds and retirement income products. Evidentia Group develops and manages Managed Account portfolios for financial advisers, while Lonsec provides investment research, ratings and related services.

Recent Developments

During FY2026, Generation Life recorded revenue of A$73.9 million and underlying EBITDA of A$23.3 million. Evidentia Group reported revenue of A$58.8 million and EBITDA of A$25.1 million, while Lonsec generated revenue of A$45.8 million and EBITDA of A$22.8 million.

The group also completed integration activities involving Evidentia and Lonsec managed account operations.

Financial Position and Outlook

Funds under management reached A$46.5 billion at 30 June 2026, supported by record net inflows of A$9.7 billion. Generation Life and Evidentia contributed to growth in funds under management during the period.

Management indicated that expense growth in FY2027 is expected to remain broadly in line with FY2026, with Operating Leverage expected to improve across FY2028 and FY2029.

Key Risks

GDG’s performance is linked to market conditions and adviser flows. Cost growth, regulatory settings affecting investment products and integration of acquired businesses may influence future results.

Key Insights

Generation Development Group’s FY2026 performance reflects expansion across investment products, managed accounts and research services. Future updates will provide further information on funds under management, earnings progression and Business integration.