Global Stock News

Pacific Current Group (ASX:PAC) Underlying Profit Falls 43%, Strategic Review Begins Following River Capital Proposal

Pacific Current Group (ASX:PAC) Underlying Profit Falls 43%, Strategic Review Begins Following River Capital Proposal

Key Highlights

  • Underlying NPAT fell 43% to A$14.8 million, with underlying EPS down to 50.2 cents from 55.8 cents in FY25.
  • Statutory net loss after tax was A$1.5 million, compared with a A$58.2 million profit in FY25, reflecting the absence of FY25’s large gain on sale.
  • Funds Under Management declined to A$26.4 billion from A$30.0 billion, principally reflecting the exit from Aether in June 2026.
  • The company commenced a strategic review following a non-binding indicative proposal from River Capital, alongside a fully repaid senior secured Facility and 41% reduction in overheads.

Pacific Current Group Limited (ASX:PAC) reported FY26 underlying NPAT of A$14.8 million, down from…

Source link

Share this article

Scroll to Top