Qualitas Posts Higher Fiscal H1 Earnings, Revenue; Reaffirms Outlook

MT Newswires Live
25 Feb

Qualitas (ASX:QAL) reported Tuesday fiscal first-half earnings of AU$0.0544 per diluted share, up from AU$0.0422 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.0526.

Funds management revenue for the six months ended Dec. 31, 2024, was AU$30.8 million, up 19% from AU$25.9 million in the same period last year. Analysts surveyed by Visible Alpha expected funds management revenue of AU$45.8 million.

The real estate-focused investment management firm expects full fiscal-year earnings of AU$0.115 per diluted share to AU$0.1291 per diluted share. Analysts polled by Visible Alpha expect earnings of AU$0.1202 per diluted share on funds management revenue of AU$101 million.

The board declared an interim dividend of AU$0.025 per share, up from AU$0.0225 in the previously reported period, payable March 28 to shareholders on record as of March 12.

Price (AUD): $2.55, Change: $+0.080, Percent Change: +3.24%

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