Highlights

  • Agency Group Australia shares jumped by 15.38% on 10 February 2026, following its December quarter update.
  • December quarter revenue increased 17.2% year-on-year to AUD 29.7 million.
  • Gross Commission Income rose 41.4% year-on-year to AUD 44.3 million in Q2 FY26.
  • The company is targeting a GCI run rate of approximately AUD 175 million.
  • The company outlined plans to expand market share in East Coast growth regions while maintaining scale in Western Australia.

Agency Group Australia Ltd (ASX:AU1) shares surged by 15.38% to AUD 0.030 on 10 February 2026, extending gains to around 50% over the past year. Today’s price movement followed the release of the company’s operational and financial update for the three months ended 31 December 2025, which outlined higher revenue, increased transaction volumes and continued expansion across key Australian property markets.

During the December quarter, the national real estate group reported revenue of AUD 29.7 million, representing a 17.2% year-on-year increase. Gross Commission Income (GCI) rose more than 41.4% year-on-year to AUD 44.3 million, reflecting higher average property values and agent productivity across the network.

Based on current performance levels, the company reported a GCI run rate of approximately AUD 150 million for FY26, an increase from the previously disclosed target of around AUD 140.5 million outlined in its September 2025 quarter update. In addition, the group is targeting a milestone of AUD 175 million and has identified a pipeline of up to AUD 10 million in potential annualised GCI maintaining clear earnings visibility even as listing conditions tighten in some markets.

Property sales and regional mix

East Coast markets contributed AUD 1.7 billion, up 69% from AUD 979.8 million in the prior corresponding period, with New South Wales accounting for approximately AUD 1.3 billion.

Western Australia reported AUD 939.6 million in properties sold during the quarter, an 8% increase from AUD 871.4 million in Q2 FY25, despite ongoing supply constraints in the region. The company also recorded AUD 1 billion in residential sales during November, marking the highest monthly sales result in its history and following several record months earlier in 2025.

National transaction volumes increased 14% year-on-year to 1,915 properties in Q2 FY26. East Coast transactions rose 43% to 1,009 from 708 in Q2 FY25, led by Victoria and Queensland, while Western Australia recorded 906 transactions compared with 973 a year earlier.

Agent numbers increased to 474 as of 31 December 2025, up by 32 since 30 June 2025. Property management operations expanded to 12,413 properties under management, including a 3% year-on-year increase in owned properties and a 33% rise in properties under service arrangements.

Management outlines quarter marked by scale and activity

Management stated that the December quarter represented a further stage in the company’s development as a national real estate platform. The period was characterised by higher revenue, increased GCI and improved transaction volumes, alongside continued investment in infrastructure, training and operational support aimed at enabling agents to expand their businesses.

The update highlighted a GCI run rate of around AUD 150 million, supported by an estimated AUD 10 million pipeline, as well as improving market depth across East Coast regions, which management said underpinned the company’s FY26 positioning.

Strategic focus looking ahead

Looking forward, the company said it remains focused on reinforcing its position among Australia’s top 10 residential real estate groups by using its national scale to attract and retain experienced agents.

Priorities include balancing ongoing agent recruitment with disciplined investment in systems, training and support, while addressing margin pressures through productivity initiatives, technology investment and operational leverage.

The Agency also plans to continue expanding market share in East Coast growth regions, while maintaining established positions across key Western Australian markets.

FAQs

Why did Agency Group Australia shares rise today?

The shares moved higher after the company released its December quarter operational and financial update outlining higher revenue, increased GCI and higher transaction volumes.

What were the key financial outcomes in Q2 FY26?

The company reported revenue of AUD 29.7 million, up 17.2% year-on-year, and Gross Commission Income of AUD 44.3 million, representing a 41.4% increase compared with Q2 FY25.

What is the company’s current outlook focus?

The Agency is focused on strengthening its national position, balancing agent recruitment with infrastructure investment, managing margins through productivity initiatives, and expanding market share in East Coast regions while maintaining scale in Western Australia.