N1 Holdings (ASX:N1H) Revises FY26 Dividend Ex-Date to 22 October

Aditi Sarkar

21 October 2026 09:16 PM AEDT

N1 Holdings (ASX:N1H) Revises FY26 Dividend Ex-Date to 22 October

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Highlights

N1 Holdings (ASX:N1H) declared a 0.4-cent-per-share ordinary dividend for FY26.
The amended ex-dividend date is 22 October 2026, replacing 2 November.
The dividend is unfranked, with payment scheduled for 6 November 2026.
Preliminary FY26 revenue rose 9.94% to AUD 21.65 million.

N1 Holdings Limited (ASX:N1H) operates an Australian private credit and property-backed lending business, originating loans and managing lending capital through its financing platform. The company has declared an ordinary dividend of AUD 0.004 per share for the year ended 30 June 2026, with no franking credits. N1 Holdings (ASX:N1H) revised its dividend timetable in October: the ex-dividend date is now 22 October 2026, the record date is 23 October and payment is scheduled for 6 November.

Company Business

N1 provides property-secured finance to Australian borrowers, principally through commercial lending and mortgage-related services. Its private credit operations connect borrower origination, credit assessment and lending capital. The company also provides fund management through a subsidiary, with third-party managed mortgage funds reported separately from consolidated lending assets.

The lending portfolio is backed by established residential, commercial and industrial property. N1 Holdings (ASX:N1H) described its credit approach in FY26 as excluding construction lending. Its origination channels include mortgage brokers, referral partners and aggregators, together with a white-label program introduced during the reporting year. These channels influence applications, settlements and the amount of available facilities used.

Recent Development

N1 initially announced the FY26 dividend timetable in September 2026, specifying an ex-dividend date of 2 November and record date of 3 November. On 1 October, the company issued an updated ASX dividend notice bringing those dates forward to 22 and 23 October, respectively. The stated reason was to allow the share registry sufficient time for processing, reconciliations, banking administration and dividend statements.

The October notice retained the payment date of 6 November 2026 and the distribution amount of AUD 0.004 per ordinary share, equivalent to 0.4 Australian cents. N1 Holdings (ASX:N1H) confirmed that the payment is 0% franked and has no dividend reinvestment plan. It relates to the twelve-month financial period ending 30 June 2026.

The amended ex-dividend date falls one day after 21 October 2026. The record date determines the company register used for the distribution, while the applicable settlement timetable and ASX trading rules govern entitlement. The 2 November date shown in the original September announcement has been superseded.

Financial Performance and Sector Context

N1 reported unaudited FY26 revenue from ordinary activities of AUD 21.65 million, compared with AUD 19.69 million in FY25, an increase of 9.94%. The preliminary results recorded profit after tax attributable to shareholders of AUD 1.013 million, up 18.4% from AUD 855,826. EBITDA, as defined by the company, increased 22.19% to AUD 1.465 million from AUD 1.199 million.

The preliminary FY26 cash balance was AUD 22.92 million at 30 June 2026, compared with AUD 11.32 million at the preceding June balance date. Commercial loan receivables rose to approximately AUD 239.64 million when current and non-current amounts are combined, from AUD 108.82 million a year earlier. Borrowings also increased as the lending platform expanded.

N1 Holdings (ASX:N1H) reported more than AUD 400 million of committed lending capital under access or management at FY26 year-end. This included approximately AUD 28 million of balance-sheet private debt capital, AUD 355 million of debt facilities and AUD 18 million of mortgage funds under management. The managed funds component is not consolidated into the company accounts.

The private credit sector is affected by borrower demand, property valuations, funding costs and oversight of non-bank lenders. The group reported greater facility utilisation during FY26 and linked this to lower overall funding costs. Lending volume and profitability should nevertheless be assessed alongside credit quality, recoveries and the cost of wholesale capital.

Risks to Consider

Property-backed loans remain exposed to borrower defaults, collateral valuation changes and delays in enforcement or recovery. A larger lending book can require greater debt funding, liquidity management and credit monitoring. Variations in interest rates may also affect the relationship between lending yields and financing expenses.

N1 Holdings (ASX:N1H) identified increased regulatory focus on private credit in its FY26 preliminary report. Its governance, valuation practices and compliance controls are therefore relevant operating considerations. Dividend payments are also distinct from recurring earnings: future distributions require separate board decisions and cannot be inferred from the current timetable.

What to Watch Next

The immediate dated events are the revised ex-dividend date on 22 October, record date on 23 October and scheduled payment on 6 November 2026. Any further change should be assessed against a subsequent official ASX notice rather than the superseded September timetable.

Beyond the distribution, N1 Holdings (ASX:N1H) is expected to report on lending settlements, funding availability and loan book quality through company disclosures. The FY26 annual financial statements provide a basis for checking audited results against the August preliminary figures. Updates on origination technology, borrower assessment and capital deployment may also affect future operating expenditure.

Key Insights

The updated N1 dividend notice confirms an unfranked AUD 0.004-per-share payment scheduled for 6 November 2026, with eligibility dates brought forward. Preliminary FY26 figures show higher revenue, EBITDA and profit alongside increased lending receivables and debt funding. For N1 Holdings (ASX:N1H), dividend administration, audited financial results, loan quality and funding conditions remain identifiable areas for subsequent monitoring.

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