Highlights

  • Australian Ethical Investment reported 19% revenue growth to AUD 119.38 million in FY25.
  • Funds under management rose 34% year-on-year to a record AUD 13.94 billion in FY25.
  • FY26 earnings will be announced on 26 February 2026; interim dividend ex-date is 5 March 2026.

Australian Ethical Investment Limited (ASX:AEF), an Australian company responsible for managing ethically focused investment schemes and retail superannuation funds, has reported total revenue of AUD 119.38 million for the full year ended June 2025 (FY25), marking a 19% increase compared to AUD 100.49 million in FY24. Profit after tax (PAT) nearly doubled in FY25, reaching AUD 23.20 million from AUD 11.53 million the previous year. The cost to income ratio improved slightly to 71.4% from 73.7%.

Record Growth in Funds Under Management
Revenue growth in FY25 was supported by a substantial increase in funds under management (FUM), which climbed 34% year-on-year to a record AUD 13.94 billion. This rise was partially tempered by a reduction in average blended revenue margin, primarily due to the impact of the Altius acquisition. On an annualised basis, Altius contributed an EBITDA of AUD 1.15 million in FY25.

Upcoming Earnings and Dividend Dates
AEF announced that it will release its half-year FY26 earnings on 26 February 2026. The ex-dividend date for the interim dividend is set for 5 March 2026, with payment scheduled for 23 March 2026.

Outlook: Growth Supported by Market Trends and Strategic Programs
The company anticipates witnessing earnings growth on the back of ongoing organic growth in FUM driven by rising compulsory superannuation rates, member retention, and increasing demand from the values-aligned middle-market segment.

The company anticipates additional revenue opportunities from the expansion of private markets and fixed-income strategies, alongside longer-term prospects in international equities. However, modest downward pressure on revenue margins is expected due to incremental fee reductions.

Strategically, FY26 will see the completion of major programs initiated in FY25, with the full financial benefits of platform enhancements set to materialise. Further targeted upgrades are planned to strengthen the operating platform and support sustainable growth in the coming years.

Share Performance of AEF
AEF shares closed at AUD 5.13 per share on 6 January 2025, up 4.06% during the trading session. Over the past year, the stock has declined slightly by 0.39%. In shorter periods, AEF’s share price has dropped 0.77% over one month and 13.49% over six months, while reporting an increase of 0.39% over nine months. The stock gained 2.19% over the past week and 1.58% year-to-date. The 52-week high was AUD 8.310, recorded on 28 August 2025, and the 52-week low stood at AUD 4.530, reached on 6 February 2025.

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 06 January 2026. The reference data in this report has been partly sourced from EODHD/Others.

 

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.