Slides
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Financial Year 2026 Results Presentation 26 August 2026
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22 Who We Are We are a market-leading integrated advice and investment firm for ambitious clients
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Financial Results FY26
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4 +22% to $60.5M Total Revenue +25% to $276K Revenue per FTE 24% (FY25: 24%) Underlying EBITDA Margin (Members) +18% to $13.9M Underlying EBITDA (Members) +17% to $12.4M Reported EBITDA (Members) FY26 Financial Highlights +47% to $4.3M Operating Cash Flow
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5 -15% to $3.9M NPAT* (Members) -1% to $5.4M NPATA* (Members) +3% to 0.92 cps Final Dividend (Fully Franked) 1.5x (FY25: 1.3x) Debt to Underlying EBITDA (Members) +4% to 1.72 cps Full Year Dividend (Fully Franked) FY26 Financial Highlights * The company tax rate increased to 30% during the period (FY25: 25%). ** Earnings Per Share of 1.49 cps declined from 1.87 cps in FY25, but for the tax change this would have been 1.96 cps. -20% to 1.49 cps Reported Earnings Per Share** ( EPS) (Members) +22% to $6.6M +11% to $5.1M Adjusted for income tax change Adjusted for income tax change +5% to 1.96 cps Adjusted for income tax change
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6 FY26 Operational Highlights Simplification • Fewer services with greater concentration • One enterprise CRM • Increase in recurring revenue to 85% from 70% • Reduction in cost base in Q4 M&A & Integration • Two additional client bases acquired tota l ling $1.7M in annualised revenue (Wealth & Business segments) • Sale of non - core client bases • Lincoln acquired in May 2025, largest acquisition of 6 completed in the last 3 years, now fully integrated Technology • Internal technology capability combined with external partnerships are simplifying our approach to enable scaling and better client service • Data consolidation is continuing ahead of automation of workflows and AI acceleration Growth & Sales • Core growth engines Wealth, SMSF & Accounting increased between 14 - 44 % p.a • Focused ideal client profile is streamlining Sales & Account Management processes
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7 Key Themes Driving Growth 01. 02. 03. 04. Intergenerational wealth transfer M&A and business succession Mid - market opportunity Need for Advice
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8 1 EBITDA is defined as earnings before interest, tax, depreciation and amortisation 2 Change in company Income Tax Rate to 30% (FY:25%) Note: Subject to rounding differences when calculating variances and totals Profit & Loss: Continued Strong Revenue Growth FY26 FY25 Change Underlying (Members) Revenue – Wealth Segment $35.6M $ 26.0M 37 % Revenue – Business Segment $ 23.7M $ 23.2M 2 % Revenue from contracts with customers $ 59.3M $ 49.2M 20 % Other Revenue $ 1.2M $0 .3M 372% Total Revenue $60.5 $49.5M 22% EBITDA 1 $ 13.9M $ 11.9M 18% EBITDA Margin 24 % 24 % Reported (Members) EBITDA $ 12.4M $ 10.6M 17 % NPATA 2 $ 5.4M $ 5.5M (1%) NPAT 2 $ 3.9M $ 4.6M (15%) Reported EPS – cents per share (cps) 1.49 1.87 (0.38 cps)
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9 History of Continued Revenue Growth • Our goal remains target revenue of $100M by FY28 – FY30 with a focus on margin and earnings growth • Approximately 85% of total revenue is generated from existing clients on a recurring basis. This increased 21% (June 25: 70%), • Our core growth engines Wealth, SMSF & Accounting are up 14 - 44 % p.a Total Revenue of $60.5M, +22% including contracts with customers of $59.4M, +20% • Capital Advisory is transactional revenue and is being de - emphasised Revenue Growth from contracts with customers $26M $34M $41M $49M $59M FY22 28% 21% 21% 20% FY23 FY24 FY25 FY26 FY26 FY25 FY23 FY24 FY22 Core De - emphasised Wealth vs FY25 +44% SMSF vs FY25 +14% Accounting vs FY25 +25% vs FY25 Capital - 61%
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10 Underlying EBITDA and Margin • Step - up in underlying EBITDA with less reliance on transactional revenue • Margin flat versus PCP, operational efficiency and cost base reduction program in Q4 • FY27 expected to support future margin improvement and operating leverage $7.8M $8.6M $10.2M $11.9M $13.9M 30% 26% 25% 24% 24% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 11% 18% 1 7 % 18% Underlying EBITDA (Members) +18%, $13.9M vs $11.9M (FY25)
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11 Balance Sheet, Group Net Debt & Cashflow Group Balance Sheet At 30 June 2026 ($M) At 30 June 2025 ($M) Cash and cash equivalents 1.0 2.4 Total Assets 110.7 104.4 Borrowings (21.6) (17.3) Total Liabilities (49.5) (45.4) Net Assets 61.2 59.0 Non controlling interests 0.8 0.7 Equity attributable to equity holders of the parent 60.4 58.4 Total Equity 61.2 59.0 Group Net Debt (20.6) (14.9) Net Operating Cashflow FY22 - FY26 FY23 FY24 FY25 FY26 FY22 $2.8M $2.4M $3.4M $1.8M $1.1M $0.8M $4.7M $2.1M $3.2M $1.1M $6.1M $4.2M $5.7M $2.9M $4.3M H1 H2 Full Year • Group Net Debt/Underlying EBITDA (Members) is 1.5 x • Balance sheet capacity with ability to access $ 42.6M banking facilities with Westpac to fund growth Operating Cashflow $4.3M, +47% (vs $2.9M FY25) Note: Subject to rounding differences when calculating variances and totals
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12 Dividends Dividends FY22 - FY26 4% increase in total fully franked dividend declared to 1.72 cps (FY26) up from 1.66 cps (FY25 ) Key Dates for Dividends • Record Date: 3 September 2026 • Payment Date: 28 September 2026 • Dividend Reinvestment Plan (DRP) available for Final Dividend • Final Dividend, fully franked at 30% 0.50 0.60 0.77 0.70 0.80 0.75 0.85 0.89 0.80 0.92 Interim FY22 Final FY22 Interim FY23 Final FY23 Interim FY24 Final FY24 Interim FY25 Final FY25 Interim FY26 Final FY26 Interim Dividend - cents per share Final Dividend - cents per share FY22 1.10 cps FY23 1.50 cps FY24 1.60 cps FY25 1.66 cps FY26 1.72 cps
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Strategy
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14 Focus FY27 • Organic growth driven across core Wealth, Accounting & SMSF services • Cross - sell & OneConnected client strategy to compliment core growth • Acqui - hire; potential to accelerate • Selective acquisition • Efficiency improvements expected across workflow, automation, AI and team development • Focus on ideal clients • Consolidation of existing capabilities for continued simplification Growth Productivity & Technology
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Contact Simon Madder Managing Director & Chairman Prime Financial Group Ltd T (03) 9827 6999 E simonm@primefinancial.com.au Chief Financial Officer Prime Financial Group Ltd T (03) 9827 6999 E sharonp@primefinancial.com.au Sharon Papworth
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16 Appendices
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17 EBITDA & NPAT * These non - IFRS measures have not been subject to audit or review in accordance with Australian Auditing Standards or other assurance standards ** EBIT is defined as earnings before interest and tax *** EBITDA is defined as earnings before interest, tax, depreciation and amortisation Year Ended 30 June 2026 $ Year Ended 30 June 2025 $ Reported net profit after tax operations (Group) 4,545,074 5,231,384 Add: Tax expense 2,948,493 1,613,190 Add: Interest expense/(income) 2,215,302 2,120,776 EBIT (Group)** 9,708,869 8,965,350 Add: Depreciation 316,919 244,398 Add: Amortisation 3,335,907 2,210,710 Foreign Exchange (Gain)/Loss (11,195) 1,184 Reported EBITDA (Group)*** 13,350,5 00 11,421,642 Reconciliation of Reported to Underlying EBITDA Non - recurring expenses including Acquisitions, Investment in New Service Offerings, Restructuring & Repositioning 1,905,130 1,498,093 Fair value movements/adjustments on financial assets/contingent consideration (413,345) (230,757) Underlying EBITDA (Group)*** 14,842, 2 85 12,688,978 Underlying EBITDA (Members) 13,938,122 11,861,357 Reported EBITDA (Members) 12,446,337 10,594,021
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18 Non-Recurring Expense Items • One off integration costs associated with data systems and data transfer of acquired businesses in FY25 & FY26 • Professional fees associated with potential new acquisitions • Redundancy costs across 8 impacted roles, $0.3M • One off labour costs associated with structure changes FY26 was impacted by the following non-recurring expense items, totaling $1.9M (FY25: $1.5M) Restructuring and Repositioning $1.2M Acquisition and integration $0.7M
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19 Prime Timeline Consolidation 1998 PFG commences as a Wealth Management Business 2017 PFG establishes Accounting & Business Advisory division 2018 PFG establishes Self - Managed Super Fund ( SMSF) division PFG establishes Capital and Corporate Advisory division 2023 PFG adds Debt Capital Advisory to Capital division PFG establishes Leadership Consulting and Network PFG adds Tech Advisory to the Capital division PFG adds Sport & Entertainment to the Capital division PFG adds Property to the Wealth division 2024 PFG acquires Altor Capital (Wealth Segment - Alternative Asset Management) PFG acquires EPM (Business Segment) Remuneration Consulting and Employee Share Plan Management PFG launches Prime Connected – a wholesale investment platform PFG secures new Westpac funding facility 2025 Altor meets maintainable EBITDA consideration hurdle PFG acquires Lincoln Indicators 2022 PFG acquires Intello SMSF (Wealth Segment) PFG establishes Consulting capability 2026 Acqui - hire Divestments
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20 Our Journey In Numbers 13,000+ Clients served in Wealth Management & SMSFs 2,200+ Businesses supported 1,000+ Clients assisted with funding for innovation and new product development 100+ SMEs invested in, in the past 5 years 500+ Clients advised on growth, transition and succession 250+ Professional advice firms supported in their client services efforts
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21 Why Ownership Matters Our people are our biggest asset 44% Staff & Associates Shareholders • Currently 44% of P rime is owned by staff and associates • We encourage our staff to have an ‘ownership’ mentality and to work collaboratively, enabling them to help co - create the firm of the future • We do this through our equity/business ownership plan ( Long - Term Incentive (LTI)/Performance Rights) that connects all team members through the same shared growth orientated financial goals as OneConnected team • This philosophy is maintained in our acquisition strategy which typically includes a component of consideration in Prime shares
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22 22 Important Notice & Disclaimer This investor presentation (Presentation) has been prepared by Prime Financial Group Limited (‘PFG’). Summary Information This Presentation contains summary information about Prime. The information in this Presentation is general background information and does not purport to summarise all information that an investor should consider when making an investment decision. It should be read in conjunction with Prime’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (‘ASX’), which are available at www.asx.com.au . Not all assets depicted in the Presentation are necessarily owned by Prime or any entity managed by Prime. Figures may not sum due to rounding. Currencies are generally presented in Australian dollars and times are references to Melbourne times except where the context requires otherwise. Forward Looking Statements This Presentation contains forward looking statements which may be subject to significant uncertainty outside of Prime’s control. No representation is made as to the accuracy or reliability of the forecasts or the assumptions on which they are based. Actual future events may vary from these forecasts. Users of this information are cautioned against placing undue reliance on any forward looking statements. Not Investment Advice This Presentation is for information purposes only and is not financial product or investment advice or a recommendation to acquire entitlements or shares. This Presentation is not a prospectus or a product disclosure statement under the Corporations Act 2001 ( Cth ) (Corporations Act) nor is it an offering document under any other law and has not been lodged with ASIC. The information in this Presentation has been prepared without taking into account the investment objectives, financial circumstances, taxation position or particular needs of investors. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek appropriate legal, financial and taxation advice appropriate to their jurisdiction. Disclaimer No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this Presentation. To the maximum extent permitted by law, none of PFG nor any of its related bodies corporate, shareholders or respective directors, officers, employees, agents or advisors (collectively, Related Parties), nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence for any loss arising from the use of information contained in this Presentation. To the fullest extent permitted by law, Prime and its Related Parties: • do not accept any responsibility for any interpretation that any recipient or any other person may place on this Presentation or for any opinion or conclusion that any recipient or any other person may form as a result of examining the information contained in this Presentation; and • do not accept any liability, whether direct or indirect or consequential, for any loss, damage, cost, expense, outgoing, interest, loss of profits or loss of any kind (Losses) suffered or incurred by any person (whether foreseeable or not) as a result of or by reason of or in connection with the provision or use of information contained (or not contained) in this Presentation, or of any recipient or its representatives or advisers acting on or relying on any information provided or referred to in or omitted from this Presentation or any other written or oral opinions, whether the Losses arise in connection with any negligence, default or lack of care on the part of Prime and its Related Parties or any other cause. Any recipient of this presentation acknowledges and agrees that: • they will rely entirely upon their own assessment and advice in relation to the business, assets, financial position and affairs of PFG, including conducting independent inquiries, due diligence or analysis with appropriate legal, financial, taxation and other advice, as required; and • any opinions expressed in this presentation are based on the knowledge and approach of the persons forming the opinion at the date that the opinion was formed and may have ceased or may in the future cease to be appropriate in the light of subsequent knowledge or attitudes.