Salter Brothers Emerging Companies Limited

SB2.ASX

Listed investment company focusing on a concentrated portfolio of investments consisting of listed and unlisted securities

Market Data

Price

$0.595

+0.0%
Market Cap

$48.8M

P/E Ratio

-100000.0x

EPS

$-0.018

Div. Yield

6.90%

52-Week Change

-0.1%

Latest Earnings

Appendix 4D and 31 December 2025 Half Year Accounts

24 February 2026

Revenue
$8.80
-46.4% YoY
NPAT
$5.70
-45.5% YoY
EPS
$0.07
Dividend
$0.02

Salter Brothers Emerging Companies Limited reported a 45.5% decline in profit to $5.7M for the half-year ended 31 December 2025, as investment gains weakened significantly. Revenue fell 46.4% to $8.8M due to lower net gains on financial instruments, though expenses decreased as no performance fees were incurred this period. The company declared a 2 cent fully franked interim dividend and completed significant post-period asset sales including a $7.4M gain on IPSI disposal. Key points: Net tangible assets per share increased to $1.071 from $1.019 at June 2025; Total expenses decreased 29% to $1.1M due to no performance fees in current period vs $380k prior period; Dividend income increased significantly to $595k from $182k in prior period

Recent Announcements

5 Mar 2026 Sph Neutral

Becoming a substantial holder from MUFG

MUFG became a substantial holder (5.01%).

5 Mar 2026 Sph Neutral

Becoming a substantial holder from MS

MS became a substantial holder (5.01%).

24 Feb 2026 Actual Results Negative

Appendix 4D and 31 December 2025 Half Year Accounts

Salter Brothers Emerging Companies Limited reported a 45.5% decline in profit to $5.7M for the half-year ended 31 December 2025, as investment gains weakened significantly. Revenue fell 46.4% to $8.8M due to lower net gains on financial instruments, though expenses decreased as no performance fees were incurred this period. The company declared a 2 cent fully franked interim dividend and completed significant post-period asset sales including a $7.4M gain on IPSI disposal. Key points: Net tangible assets per share increased to $1.071 from $1.019 at June 2025; Total expenses decreased 29% to $1.1M due to no performance fees in current period vs $380k prior period; Dividend income increased significantly to $595k from $182k in prior period

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