Earnings release
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CADENCE CAPITAL LIMITED Cadence Capital Limited ( ASX : CDM ) Full Year Results Sydney , 21 August 2026 : Cadence Capital Limited today announced its full year results . Karl Siegling , Chairman , said " Cadence Capital Limited ended the financial year with the fund being up 20.1 % , outperforming the All Ordinaries Accumulation Index by 14.4 % and earning a profit after tax of $ 33.4 million . CDM's share price for the year , including dividends and franking , was up 30.6 % . The top contributors to performance for the financial year were Predictive Discovery / Robex Resources merger , Samsung Electronics , Lindian Resources , Kingsgate , Endeavour Mining , Equinox Gold , EQ Resources , New Gold , West African Resources and Metals X. The detractors from performance for the year were Boss Energy , QBE Insurance , Amplitude Energy and 29 Metals . " Full Year Results to 30 June 2026 : • Fund up 20.1 % in FY26 • Outperforming the index by 14.4 % Profit before tax of $ 47.4m • • • Profit after tax of $ 33.4m 3.0c FF final dividend , 1.0c FF special dividend 9.3 % FF yield , 13.2 % gross yield ( Incl . special dividend ) • 25cps Profits Reserve , 4 yrs of dividends • 5.4cps Franking Credits , 2 yrs of FF dividends CDM Share price up 30.6 % over FY26 ( Incl . Div . & franking ) • CDM shares trading at a 6 % discount to Pre - tax NTA Karl Siegling continued , " Some of CDM's largest contributors to performance were gold and precious metals related stocks . The gold price entered FY26 at US $ 3,300 / oz , peaking in January at nearly US $ 5,600 / oz , before retreating to end FY26 at US $ 4,000 / oz . Positions such as Predictive Discovery , Robex Resources , Kingsgate , Endeavour Mining , Equinox Gold , New Gold and West African Resources benefitted from the gold price tailwind in the first half of the financial year to deliver strong performance . " " Over the second half of the year , the falling gold price and changing trends of the resource stocks led us to sell down more than 80 % of our gold and resource stocks , leading to the elevated cash position as at 30 June 2026. " Cadence Capital Ltd | ABN 17 112 870 096 | Level 6/131 Macquarie St Sydney NSW 2000 www.cadencecapital.com.au | info@cadencecapital.com.au | T ( 02 ) 8298 2450 | F ( 02 ) 8298 2499