Qualitas Limited

QAL.ASX

Financials

Qualitas operates in the alternative real estate investment management sector, managing funds (Funds) investing in debt and equity strategies (Business). As part of this Business, Qualitas originates, acquires, manages and exits investments for Qualitas Funds on behalf of fund investors. Qualitas primarily generates revenue through fees charged to the Funds managed by Qualitas.

Market Data

Price

$2.800

-0.0%
Market Cap

$862.1M

P/E Ratio

22.7x

EPS

$0.126

Div. Yield

3.85%

52-Week Change

-0.1%

Latest Earnings

Appendix 4D and 1H26 Interim Financial Report

16 February 2026

Revenue
$62.40
+24.5% YoY
NPAT
$20.70
+27.4% YoY
EPS
$0.07
Dividend
$0.04

Qualitas Limited delivered strong growth in 1H26 with revenue increasing 24% to $62.4M and normalised NPAT up 30% to $21.1M. The alternative real estate investment manager achieved significant growth in funds under management and capital deployment driven by strong institutional demand, and declared a 3.5 cent interim dividend. Key points: Capital deployed increased 57% to $3.69B driven by strong institutional demand; Fee earning funds under management grew 38% with total committed FUM reaching $10.9B; Funds management revenue up 38% to $42.7M with EBITDA margin expansion of 4%

Recent Announcements

16 Feb 2026 Actual Results Positive

Appendix 4D and 1H26 Interim Financial Report

Qualitas Limited delivered strong growth in 1H26 with revenue increasing 24% to $62.4M and normalised NPAT up 30% to $21.1M. The alternative real estate investment manager achieved significant growth in funds under management and capital deployment driven by strong institutional demand, and declared a 3.5 cent interim dividend. Key points: Capital deployed increased 57% to $3.69B driven by strong institutional demand; Fee earning funds under management grew 38% with total committed FUM reaching $10.9B; Funds management revenue up 38% to $42.7M with EBITDA margin expansion of 4%

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