HUB24 share price surges 14% after half-year profit jump and FY27 target upgrade
HUB24 shares surged 14.2% to A$98.45 after the company raised its FY27 platform funds-under-administration target and reported record half-year net inflows of A$10.7 billion. Operating revenue climbed 26% to A$245.9 million, with underlying EBITDA up 35% to A$104.9 million. HUB24 declared a fully franked interim dividend of 36 cents per share. The company cited growth risks tied to market conditions and operational factors.
