Viva Leisure (ASX: VVA) Up Nearly 15% in a Month — Record Earnings and Maiden Dividend Keep Stock on Radar

Sonal Goyal

25 August 2026 07:00 PM AEST

Viva Leisure (ASX: VVA) Up Nearly 15% in a Month — Record Earnings and Maiden Dividend Keep Stock on Radar

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

Revenue increased 12.2% to $237.1 million, marking Viva Leisure's seventh consecutive year of Revenue growth.
Statutory NPAT rose 144.5% to $12.8 million, while underlying NPAT increased 46.4% to $18.9 million.
Adjusted free Cash Flow increased 7.7% to $35.1 million, while net Leverage declined from 2.04 times to 1.77 times.
Viva Leisure declared a maiden fully Franked Dividend of 3.0 cents per share, with payment scheduled for 20 October 2026.

Viva Leisure (ASX:VVA) shares are up 14.69% over the past month, trading at AUD 1.64, following a record FY2026 result and the company's first-ever dividend declaration.

What's Driving the Move

Revenue for the year to 30 June 2026 reached $237.1 million, up 12.2%. Adjusted EBITDA rose 13.3% to $112.3 million, with Margin up 50bps to 47.4%. Statutory NPAT climbed 144.5% to $12.8 million, while underlying NPAT rose 46.4% to $18.9 million.

Health Clubs remained the core revenue driver at $208.2 million, up 11.0%. Payments and Technology was the fastest-growing segment, up 39.8% to $7.1 million after eliminations. Network membership reached 694,243, up 11.8%, with portfolio utilisation topping 80% for the first time.

Maiden Dividend

The Board declared a first fully franked dividend of 3.0 cents per share — about $2.9 million, or 15% of underlying NPAT. The dividend sits below the newly adopted 40–60% payout policy range, with the balance reinvested into growth. Ex-dividend date is 28 September, Record Date 29 September, payment 20 October 2026.

Should You Keep VVA on Your Radar?

Viva is targeting one million network members by FY2029, with corporate openings set to increase from three net additions in FY2026 to more than 20 from FY2027. Current trading shows network membership has already passed 700,000.

FAQs

Q: How much has VVA stock gained?

A: Shares are up 14.69% over the past month, trading at AUD 1.64.

Q: What results drove the rally?

A: Record FY2026 revenue of $237.1 million, higher earnings, and a maiden dividend declaration.

Q: What dividend did Viva Leisure declare?

A: A first fully franked dividend of 3.0 cents per share, payable 20 October 2026.

Q: What is Viva's membership target?

A: One million network members by FY2029.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.