Key Takeaways
- ASX Ltd (ASX) has reported robust preliminary financial performance for fiscal year 2025, with Adjusted Net Income reaching A$510 million and Operating Revenue at A$1.11 billion.
- The company announced a final dividend of 112.1 AU cents per share, underscoring its commitment to shareholder returns.
- ASX anticipates a notable total expense growth of 14% to 19% for FY26, with a significant portion, estimated at A$25 million to A$35 million, attributed to additional operating expenses stemming from an ASIC compliance assessment and inquiry.
- Early indicators for FY26 show strong cash market activity, with July 2025 value increasing by 20%, suggesting positive operational momentum despite the projected rise in costs.
ASX Ltd (ASX), Australia's primary securities exchange operator, has delivered strong preliminary financial results for the fiscal year 2025, with key metrics surpassing analyst expectations. The company's Adjusted Net Income for FY25 reached A$510 million, slightly ahead of estimated A$507.5 million, while Net Income stood at A$502.6 million. Operating Revenue for the period hit A$1.11 billion, also marginally exceeding the A$1.109 billion estimate.
In a move reflecting its solid profitability, ASX announced a final dividend of 112.1 AU cents per share. This payout demonstrates the company's consistent return of value to its shareholders.
Looking ahead, ASX has provided an outlook for fiscal year 2026, forecasting total expense growth in the range of 14% to 19%. A notable factor contributing to this increase is an anticipated A$25 million to A$35 million in additional operating expenses related to an ongoing ASIC (Australian Securities and Investments Commission) compliance assessment and inquiry. These costs are expected to cover increased resourcing, legal fees, and the establishment of a secretariat to manage the inquiry's demands.
Despite the projected rise in expenses, ASX remains committed to its five-year strategy, which focuses on technology modernization and enhancing operational risk management and resilience. The company has also reported strong operational momentum into the new fiscal year, with cash market activity in July 2025 showing a robust 20% increase in value. This early performance suggests a resilient underlying market environment for ASX's operations.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.