What Do N1 Holdings’ (ASX:N1H) Preliminary FY26 Results Say Before Its Dividend Dates?

Key highlights

• N1 Holdings Ltd (ASX:N1H) has an unfranked final dividend of 0.4 cents per share payable on 6 November 2026, with ex-dividend dates listed as 22 October and 2 November 2026.
• The unaudited FY26 Appendix 4E reports revenue of $21.65 million, up 9.94%, and profit after tax of $1,013,288, up 18.4%.
• Cash was $22.92 million at 30 June 2026, and EBITDA rose 22.19% to $1,465,326.

N1 Holdings Ltd (ASX:N1H) is an Australian private credit and lending business that originates loans through mortgage brokers, referral partners and aggregators. As at 19 October 2026, it has an unfranked final dividend of 0.4 cents per share listed in its dividend schedule, with payment on 6 November 2026. The company’s unaudited Appendix 4E preliminary final report for the year ended 30 June 2026 covers its results and operations.

About the company

The report says the Australian private credit market remained resilient in FY26 despite elevated interest rates and geopolitical uncertainty, with regulatory focus on the sector reinforcing the importance of governance and transparency. N1 achieved record settlement volumes in the second half, expanded its distribution network and began a white label program. It also expanded its use of AI across lending, including an AI loan scenario platform for broker partners.

Upcoming dividend details

The Appendix 4E states that the board will decide whether to issue a dividend for FY26 after completion of the audit. The dividend details in this article come from the company’s dividend schedule, which lists two ex-dividend dates for the same payment date.

FY26 results

Revenue from ordinary activities rose 9.94% to $21.65 million from $19.69 million. Profit before tax was $1,210,504 and profit after tax was $1,013,288, up 18.4% from $855,826. EBITDA rose 22.19% to $1,465,326. Earnings per share were 1.15 cents. Cash at 30 June 2026 was $22.92 million.

Funding and operations

Higher settlement and drawdown volumes allowed greater use of lower-cost funding facilities, which reduced the overall cost of funds and improved operating performance. Interest expense on corporate loans fell to $6,134 from $71,432, and depreciation and amortisation was $248,688. The report notes that interest income from commercial loan receivables remains in EBITDA.

The EBITDA reconciliation in the report is straightforward: profit before income tax of $1,210,504, plus corporate interest expense of $6,134 and depreciation and amortisation of $248,688, gives EBITDA of $1,465,326. The report adds that interest on commercial loan receivables remains in EBITDA, while interest on corporate and bank loans and on leases is excluded.

Earnings per share were 1.15 cents and cash was $22.92 million at 30 June 2026. Against earnings per share of 1.15 cents, a dividend of 0.4 cents would be about a third of earnings, though the report states the board will decide on the dividend after the audit and does not say what it will be. Shareholders should look to the company’s later announcements for the confirmed entitlement and ex-dividend date.

How the dividend timetable works

The ex-dividend date of 2 November 2026 is the first trading day on which shares change hands without the right to the upcoming dividend of 0.4 cents per share. Shares bought before that date carry the entitlement, subject to the record date and settlement timing, while shares bought on or after it do not. Payment follows on 6 November 2026, 4 days after the ex-dividend date. The ex-dividend date falls 14 days after 19 October.

The dividend is unfranked, so no franking credits are attached to the payment.

A dividend is a distribution of profit that the board decides to pay, and the amounts quoted are per share. The total cash paid depends on the number of shares on issue at the record date, which can change if a company issues new shares or repurchases existing ones. Dates and amounts can change if the company announces an update.

Factors shareholders may weigh

The results are unaudited, and the dividend depends on the board’s decision after the audit. Private credit businesses depend on funding availability, credit quality and interest rate conditions, and regulatory attention on the sector has increased.

The dividend is unfranked and small relative to profit, and the listing of two ex-dividend dates means shareholders may wish to confirm the entitlement date with the company’s announcements.

What’s next

The audit will be completed and the board will decide on the FY26 dividend. The payment date listed in the dividend schedule is 6 November 2026.