Hearts and Minds Investments
- Short interest
- 0.04%
- +0.03 pp 30d
- as of 17 Apr 2026
- Reported shorts
- 89.1K
- Shares on issue
- 228.982M
Hearts and Minds Investments (HM1) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency
- Revenue
- $79.3Mvs $165.1M (FY25)
- Yahoo Finance, as at 14 Oct 2026
- NPAT
- $46.4Mvs $106.8M (FY25)
- Yahoo Finance, as at 14 Oct 2026
- EPS (diluted)
- $0.20T (source: Derived: trailing 12 months at year end)vs $0.47 (FY25)
- Derived: trailing 12 months at year end, as at 14 Oct 2026
- Rev YoY
- −52.0%FY
- EPS YoY
- −56.6%TTM
- Derived: trailing 12 months at year end
Summary of Annual Report to shareholders, 26 Aug 2026
Hearts and Minds Investments (HM1) reported a sharp decline in FY26 results, with total net investment income falling 52% to $79.3 million and net profit after tax down 57% to $46.4 million, reflecting a challenging year for its investment portfolio which returned 5.2% pre-tax. The company paid fully franked dividends of 18.5 cents per share during the year and declared an increased final fully franked dividend of 10.0 cents per share payable in October 2026. Post-tax NTA per share fell from $3.44 to $3.38, and the company continues its philanthropic mission, donating $11.4 million to medical research.
Automated summary of the filing; the filing itself is the record.
Key ratios
Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 14 Oct 2026
- Gross margin
- n/m
- Operating margin
- n/m
- Net margin
- 58.5%
- FCF margin
- n/m
- ROE
- 5.9%
- ROA
- 5.4%
- FCF conversion
- n/m
- Net debt (excl. leases)
- n/m
- Net debt / EBITDA
- n/m
- Current ratio
- n/m
- Interest cover
- n/m
- Cash dividends paid / net profit
- 91.4%
- Market cap
- $641.2M
- P/E
- 13.8×
- P/B
- 0.8×
n/m: not meaningful for banks, insurers and other financials.
Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 14 Oct 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $79.3M | $165.1M | $83.4M | $57.6M |
| EBITDA | n/a | n/a | $71.7M | $45.7M |
| EBIT | n/a | n/a | $71.7M | $45.7M |
| Interest expense | n/a | n/a | $6 | $1.7K |
| Pretax income | $65.6M | $152.1M | $71.7M | $45.7M |
| Tax | $19.3M | $45.3M | $20.8M | $12.9M |
| NPAT | $46.4M | $106.8M | $50.9M | $32.7M |
| Net interest income | $7.0K | n/a | −$6 | −$1.7K |
| EPS basic | $0.20T (source: Derived: trailing 12 months at year end) | $0.47 | $0.22 | $0.14 |
| EPS diluted | $0.20T (source: Derived: trailing 12 months at year end) | $0.47 | $0.22 | $0.14 |
| Shares | 229.0M | 229.0M | 229.0M | 228.8M |
- Derived: trailing 12 months at year end
Financial reports
The company's own filings, newest first
- Annual Report to shareholdersAnnual Report26 Aug 2026via asx_announcements
- HY2026 Appendix 4D and ReportHalf Year Results18 Feb 2026via asx_announcements
- Annual Report to shareholdersAnnual Report29 Aug 2025via asx_announcements
- Half Year Results AnnouncementHalf Year Results20 Feb 2025via asx_announcements
- Appendix 4D and Financial ReportHalf Year Results20 Feb 2025via asx_announcements
- FY24 Appendix 4E and Annual ReportAnnual Results28 Aug 2024via asx_announcements
- Appendix 4D and Half Yearly ReportHalf Year Results22 Feb 2024via asx_announcements
- HM1 AGM Presentation and Chairman's Address 2023Agm Address30 Nov 2023via asx_announcements
- Notice of Annual General Meeting/Proxy FormAgm Address30 Oct 2023via asx_announcements
- FY23 Appendix 4E and Annual ReportAnnual Results30 Aug 2023via asx_announcements
Showing 10 of 30 reports