Future Generation Global Limited

FGG.ASX

Listed investment company

Market Data

Price

$1.650

+0.0%
Market Cap

$658.7M

P/E Ratio

13.7x

EPS

$0.120

Div. Yield

4.88%

52-Week Change

+0.1%

Latest Earnings

2025 Full Year Results, strong TSR and increased FF divs

27 February 2026

NPAT
$48.00
-50.9% YoY
Dividend
$0.11

Future Generation Global (ASX: FGG) reported FY2025 operating profit after tax of $48.0 million (down from $97.7 million in FY2024), with the investment portfolio delivering 11.5% return for the year and 18.1% p.a. over three years. The Board declared a fully franked full year dividend of 8.0 cents per share plus a special fully franked dividend of 3.0 cents per share, representing a combined grossed-up yield of 9.4% based on the current share price. Total shareholder return for FY2025 was 16.2% including the value of franking credits. Key points: Total shareholder return of 16.2% in FY2025, including the value of franking credits; Investment portfolio delivered 18.1% p.a. over three years (to 31 December 2025), demonstrating strong medium-term performance; Full year fully franked dividend increased to 8.0 cents per share — seventh consecutive year of dividend growth — plus a 3.0 cents per share special fully franked dividend

Recent Announcements

2 Mar 2026 Supplementary Neutral

FY2025 Full Year Results Q&A Webinar Recording

Future Generation Global released its FY2025 full year results webinar recording featuring management discussion. The company increased fully franked dividends to 11.0 cents per share (including a 3.0 cents special dividend), achieved 18.1% portfolio performance and 16.2% total shareholder return for FY2025, and has cumulatively saved $175 million in fees while exceeding $100 million in charitable donations since inception.

27 Feb 2026 Actual Results Positive

2025 Full Year Results, strong TSR and increased FF divs

Future Generation Global (ASX: FGG) reported FY2025 operating profit after tax of $48.0 million (down from $97.7 million in FY2024), with the investment portfolio delivering 11.5% return for the year and 18.1% p.a. over three years. The Board declared a fully franked full year dividend of 8.0 cents per share plus a special fully franked dividend of 3.0 cents per share, representing a combined grossed-up yield of 9.4% based on the current share price. Total shareholder return for FY2025 was 16.2% including the value of franking credits. Key points: Total shareholder return of 16.2% in FY2025, including the value of franking credits; Investment portfolio delivered 18.1% p.a. over three years (to 31 December 2025), demonstrating strong medium-term performance; Full year fully franked dividend increased to 8.0 cents per share — seventh consecutive year of dividend growth — plus a 3.0 cents per share special fully franked dividend

27 Feb 2026 Actual Results Positive

Appendix 4E and Annual Report

Future Generation Global Limited (ASX: FGG), a listed investment company, delivered a total shareholder return of 16.2% (including franking credits) for FY2025, with the investment portfolio gaining 11.5% against the MSCI AC World Index (AUD) return of 13.4%. Statutory revenue and net profit after tax declined ~49-51% versus the prior year, primarily reflecting lower investment income (mark-to-market movements in a lower-return environment versus the exceptional FY2024), rather than any operational deterioration. The Board declared a fully franked full year dividend of 8.0 cents per share plus a special fully franked dividend of 3.0 cents per share, with pre-tax NTA rising from $1.68 to $1.74 and 8.9 years of dividend coverage remaining in the profits reserve. Key points: Total shareholder return of 16.2% in FY2025 (including franking credits), driven by 11.5% investment portfolio performance and narrowing of share price discount to NTA from 15.4% to 11.6%.; Full year fully franked dividend increased to 8.0 cents per share (seventh consecutive annual increase) plus a special fully franked dividend of 3.0 cents per share — combined grossed-up yield of 10.3%.; Pre-tax NTA grew from $1.68 to $1.74 per share (+3.6%), with 8.9 years of dividend coverage based on 71.5 cents per share in the profits reserve.

26 Feb 2026 Supplementary Neutral

FY2025 Full Year Results Q&A Webinar

Future Generation Global (ASX: FGG) is hosting a Q&A webinar on February 26, 2026 at 2:30pm Sydney time to discuss FY2025 full year results, featuring Geoff Wilson AO (Founder), Lee Hopperton (Chief Investment Officer), and Dr David Allen from Plato Investment Management, covering the recent special fully franked dividend, portfolio diversification, and shareholder questions.

11 Feb 2026 Supplementary Neutral

FY2025 Full Year Results Q&A Webinar

This appears to be an invitation to a Q&A webinar for Future Generation Global (ASX: FGG) scheduled for February 26, 2026, rather than actual FY2025 financial results. The webinar will feature investment insights and portfolio updates from key executives and fund managers. Key points: Access to insights from top performing pro bono fund manager Dr David Allen; Direct Q&A opportunity with company leadership including founder Geoff Wilson AO; Investment portfolio update and market outlook for 2026 to be provided

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