Key Highlights

  • FY26 Revenue was AUD 204.3 million, compared with AUD 284.5 million in FY25.
  • Net profit after tax increased to AUD 20.3 million from AUD 14.4 million.
  • Finbar recorded 566 sales and 287 settlements, with a five-year development pipeline of approximately AUD 1.8 billion.

Finbar Group Ltd (ASX:FRI) was quoted at AUD 0.725, unchanged 0.00% in the market figures provided. The Business reported developments across its financial results, operations and property activities, as detailed in its announcement.

Revenue, Profit and Margins

Finbar reported FY26 revenue of AUD 204.3 million, down from AUD 284.5 million in FY25, while net profit after tax rose to AUD 20.3 million from AUD 14.4 million. Gross Profit was AUD 41.2 million versus AUD 34.4 million, and the gross profit Margin increased to 20.2% from 12.1%. The company attributed changes in recognised revenue to the timing and mix of project completions and settlement activity.

Apartment Sales and Delivery

The annual results recorded 566 sales compared with 221 a year earlier, alongside 287 settlements compared with 351 in FY25. Settlements were valued at AUD 263.7 million, while sales totalled AUD 528.8 million in the presentation. Finbar reported AUD 557.2 million of presales and 615 lots under construction, with an indicated end value of AUD 515.1 million.

Development Pipeline and Balance Sheet

Finbar reported 80 completed projects and 7,603 residential and commercial units since inception. Its five-year development pipeline was stated at approximately AUD 1.8 billion and more than 1,700 lots. At the FY26 year-end, cash was AUD 50.7 million and borrowings were AUD 13.9 million. The presentation recorded underlying NPAT of AUD 22.1 million, Earnings Per Share of 7.4 cents and NTA per share of 94 cents.

Reported Developments and Next Reporting Priorities

The announcement for Finbar Group Ltd (ASX:FRI) describes the reported period and identifies the figures above as either completed results, historical operating measures or management guidance where explicitly stated. The figures should be read in the context of their stated reporting periods and accounting definitions. The reported developments concern the company’s own operations, and the announcement does not establish that planned transactions, targets or forecasts have already been completed.