PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

Income Statement Pinnacle Investment Management Group Limited

Equities

PNI

AU000000PNI7

Investment Management & Fund Operators

Delayed Australian S.E. Other stock markets 10:34:32 2026-04-21 pm EDT			5-day change	1st Jan Change
16.52 ^AUD	-1.20%		+7.28%	-3.73%

Apr. 19	Pinnacle Investment Management receives approval from both FCA and DFSA for PAM transaction	RE
Apr. 19	Pinnacle Investment Management Group Secures UK, Dubai Approvals for Pacific Asset Management Takeover	MT

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Published financial data: PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	32.51M	46M	45.51M	48.99M	65.48M
Total Revenues	32.51M	46M	45.51M	48.99M	65.48M
Cost of Goods Sold, Total	24.78M	30.4M	31.97M	40.78M	45.57M
Gross Profit	7.74M	15.6M	13.54M	8.2M	19.9M
Selling General & Admin Expenses, Total	2.89M	3.84M	4.74M	5.68M	6.01M
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	2.22M	2.25M	1.62M	2.28M	2.8M
Other Operating Expenses, Total	5.11M	6.09M	6.35M	7.95M	8.81M
Operating Income	2.63M	9.51M	7.19M	251K	11.1M
Interest Expense, Total	-650K	-2.38M	-6.06M	-7.37M	-7.32M
Net Interest Expenses	-650K	-2.38M	-6.06M	-7.37M	-7.32M
Income (Loss) On Equity Invest.	66.44M	75.69M	67.36M	90.82M	130M
Other Non Operating Income (Expenses)	-1.31M	-760K	-709K	-977K	-1.35M
EBT, Excl. Unusual Items	67.11M	82.05M	67.78M	82.72M	132M
Gain (Loss) On Sale Of Investments	-93K	-3.88M	8.7M	7.63M	12.33M
Asset Writedown	-	-1.81M	-	-	-
EBT, Incl. Unusual Items	67.02M	76.36M	76.47M	90.35M	144M
Income Tax Expense	-	-	-	-	10.05M
Earnings From Continuing Operations	67.02M	76.36M	76.47M	90.35M	134M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	67.02M	76.36M	76.47M	90.35M	134M
Minority Interest	-	-	-	-	-
Net Income - (IS)	67.02M	76.36M	76.47M	90.35M	134M
Net Income to Common Incl Extra Items	67.02M	76.36M	76.47M	90.35M	134M
Net Income to Common Excl. Extra Items	67.02M	76.36M	76.47M	90.35M	134M
Per Share Items
Net EPS - Basic	0.38	0.4	0.39	0.46	0.63
Basic EPS - Continuing Operations	0.38	0.4	0.39	0.46	0.63
Basic Weighted Average Shares Outstanding	175M	190M	194M	197M	213M
Net EPS - Diluted	0.36	0.4	0.39	0.45	0.62
Diluted EPS - Continuing Operations	0.36	0.4	0.39	0.45	0.62
Diluted Weighted Average Shares Outstanding	183M	193M	196M	198M	216M
Normalized Basic EPS	0.24	0.27	0.22	0.26	0.39
Normalized Diluted EPS	0.23	0.27	0.22	0.26	0.38
Dividend Per Share	0.29	0.35	0.36	0.42	0.6
Payout Ratio	55.03	86.27	82.49	78.59	93.34
Supplemental Items
EBITDA	3.55M	10.5M	7.5M	371K	11.28M
EBITA	3.49M	10.44M	7.46M	351K	11.2M
EBIT	2.63M	9.51M	7.19M	251K	11.1M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-	-	-	-	6.96
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	3.48M	5.38M	1.64M	3.48M	6.12M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-3.48M	-5.38M	-1.64M	-3.48M	3.65M
Normalized Net Income	41.94M	51.28M	42.36M	51.7M	82.59M
Interest on Long-Term Debt	650K	2.38M	6.06M	7.37M	7.32M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	2.66M	3.16M	3.66M	3.98M	3.97M
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., COGS (Total)	2.01M	2.85M	3.41M	3.16M	4.17M
Stock-Based Comp., Other (Total)	146K	114K	35K	-	-
Total Stock-Based Compensation	2.15M	2.96M	3.44M	3.16M	4.17M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	96.14M	38.26M	27.62M	32.56M	26.56M
Trading Asset Securities, Total	57.09M	135M	156M	152M	431M
Total Cash And Short Term Investments	153M	173M	183M	185M	458M
Accounts Receivable, Total	6.93M	7.35M	6.28M	6.34M	12.9M
Other Receivables	9.73M	15.17M	17.46M	27.08M	35.48M
Notes Receivable	223K	552K	911K	922K	3.6M
Total Receivables	16.88M	23.07M	24.65M	34.34M	51.98M
Prepaid Expenses	703K	738K	891K	1.23M	1.67M
Other Current Assets, Total	2.63M	5.32M	3.72M	1.42M	5.75M
Total Current Assets	173M	202M	213M	222M	517M
Gross Property Plant And Equipment	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	3.07M	1.7M	412K	9.21M	9.98M
Long-term Investments	187M	328M	332M	342M	514M
Other Intangibles, Total	167K	1.92M	1.82M	1.72M	1.62M
Loans Receivable Long-Term	2.56M	2.74M	5.58M	8.71M	15.45M
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	366M	537M	553M	583M	1.06B
Liabilities
Accounts Payable, Total	2.52M	2.12M	1.01M	1.22M	2.23M
Accrued Expenses, Total	11.03M	9.93M	7.71M	15.27M	16.41M
Current Portion of Long-Term Debt	22K	85K	20.14M	131K	46K
Current Portion of Leases	1.38M	1.22M	357K	1.76M	2.35M
Current Income Taxes Payable	-	-	-	-	6.12M
Other Current Liabilities	5.68M	638K	534K	858K	1.06M
Total Current Liabilities	20.62M	13.99M	29.74M	19.24M	28.21M
Long-Term Debt	100M	120M	100M	100M	100M
Long-Term Leases	1.53M	348K	-	7.54M	7.97M
Deferred Tax Liability Non Current	-	-	-	-	3.65M
Other Non Current Liabilities	156K	237K	321K	324K	369K
Total Liabilities	122M	135M	130M	127M	140M
Common Stock, Total	266M	412M	418M	431M	883M
Retained Earnings	28.11M	37.22M	47.38M	65.06M	71.08M
Comprehensive Income and Other	-50.49M	-47.1M	-43.28M	-39.9M	-35.73M
Total Common Equity	244M	402M	423M	456M	918M
Minority Interest	-	-	-	-	-
Total Equity	244M	402M	423M	456M	918M
Total Liabilities And Equity	366M	537M	553M	583M	1.06B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	178M	194M	195M	198M	221M
ECS Total Common Shares Outstanding	178M	194M	195M	198M	221M
Book Value / Share	1.37	2.07	2.17	2.3	4.16
Tangible Book Value	244M	400M	421M	454M	917M
Tangible Book Value Per Share	1.37	2.06	2.16	2.29	4.16
Tangible Book Value Per Share (As Reported)	-	-	-	-	-
Total Debt	103M	122M	120M	109M	110M
Net Debt	-50.3M	-51.37M	-63M	-75.39M	-347M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	187M	325M	328M	341M	514M
Account Code - Inventory Valuation	3	-	3	3	3
Machinery, Total	-	-	-	-	-
Full Time Employees	-	-	-	-	-

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	67.02M	76.36M	76.47M	90.35M	134M
Depreciation & Amortization - CF	1.52M	1.38M	1.29M	1.65M	2.83M
Amortization of Goodwill and Intangible Assets - (CF)	858K	937K	267K	100K	100K
Depreciation & Amortization, Total	2.38M	2.32M	1.56M	1.75M	2.93M
Amortization of Deferred Charges, Total - (CF)	1K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-3.27M	5.65M	-10.85M	-5.91M	-3.61M
Asset Writedown & Restructuring Costs	-	1.81M	-	-	-
Stock-Based Compensation (CF)	2.15M	2.96M	3.44M	3.16M	4.17M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-1.08M	-2.89M	-5.84M	-4.7M	-11.67M
Change in Trading Asset Securities	-	-86.7M	-3.74M	19.6M	-270M
Change In Accounts Receivable	-974K	-5.9M	-1.37M	-10.01M	-15.4M
Change In Accounts Payable	4.1M	-2.05M	-3.61M	7.94M	2.03M
Change In Deferred Taxes	-	-	-	-	9.76M
Change in Other Net Operating Assets	-37.36M	-6.5M	-1.01M	-5.87M	1.7M
Cash from Operations	32.97M	-14.92M	55.04M	96.3M	-145M
Capital Expenditure	-55K	-13K	-9K	-36K	-326K
Sale (Purchase) of Intangible assets	-	-2M	-	-	-
Investment in Marketable and Equity Securities, Total	-5.4M	-138M	-4.39M	-9.74M	-174M
Other Investing Activities, Total	-335K	4.31M	1.44M	10.34M	-312K
Cash from Investing	-5.79M	-136M	-2.96M	565K	-175M
Long-Term Debt Issued, Total	70M	20M	-	-	-
Total Debt Issued	70M	20M	-	-	-
Long-Term Debt Repaid, Total	-1.54M	-1.38M	-1.22M	-21.48M	-2.25M
Total Debt Repaid	-1.54M	-1.38M	-1.22M	-21.48M	-2.25M
Issuance of Common Stock	21.31M	140M	1.57M	566K	442M
Common Dividends Paid	-36.88M	-65.88M	-63.08M	-71.01M	-125M
Common & Preferred Stock Dividends Paid	-36.88M	-65.88M	-63.08M	-71.01M	-125M
Special Dividend Paid	-	-	-	-	-
Cash from Financing	52.89M	92.78M	-62.73M	-91.92M	314M
Miscellaneous Cash Flow Adjustments	-	-2K	-	-	-
Net Change in Cash	80.07M	-57.87M	-10.65M	4.95M	-6.01M
Supplemental Items
Cash Interest Paid	566K	2.28M	6M	7.07M	6.78M
Cash Income Tax Paid (Refund)	-	-	-	-	291K
Levered Free Cash Flow	6.98M	-7.73M	2.13M	789K	-4.81M
Unlevered Free Cash Flow	7.39M	-6.24M	5.92M	5.4M	-234K
Change In Net Working Capital	-1.27M	15.45M	3.56M	-368K	13.94M
Net Debt Issued / Repaid	68.46M	18.62M	-1.22M	-21.48M	-2.25M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.54	1.32	0.83	0.03	0.84
Return on Total Capital	0.58	1.36	0.84	0.03	0.87
Return On Equity %	30.99	23.64	18.54	20.57	19.56
Return on Common Equity	30.99	23.64	18.54	20.57	19.56
Margin Analysis
Gross Profit Margin %	23.8	33.91	29.76	16.74	30.4
SG&A Margin	8.89	8.35	10.4	11.59	9.18
EBITDA Margin %	10.92	22.83	16.48	0.76	17.22
EBITA Margin %	10.73	22.71	16.39	0.72	17.1
EBIT Margin %	8.09	20.67	15.8	0.51	16.95
Income From Continuing Operations Margin %	206.12	166.02	168.02	184.43	205.31
Net Income Margin %	206.12	166.02	168.02	184.43	205.31
Net Avail. For Common Margin %	206.12	166.02	168.02	184.43	205.31
Normalized Net Income Margin	129	111.49	93.07	105.53	126.14
Levered Free Cash Flow Margin	21.48	-16.81	4.68	1.61	-7.35
Unlevered Free Cash Flow Margin	22.73	-13.57	13.01	11.02	-0.36
Asset Turnover
Asset Turnover	0.11	0.1	0.08	0.09	0.08
Fixed Assets Turnover	9.22	19.32	43.2	10.18	6.82
Receivables Turnover (Average Receivables)	4.49	6.45	6.68	7.77	6.81
Short Term Liquidity
Current Ratio	8.41	14.45	7.15	11.53	18.33
Quick Ratio	8.24	13.98	6.97	11.34	17.94
Operating Cash Flow to Current Liabilities	1.6	-1.07	1.85	5.01	-5.15
Days Sales Outstanding (Average Receivables)	81.32	56.63	54.63	47.11	53.6
Average Days Payable Outstanding	47.82	27.8	17.83	9.98	13.81
Long Term Solvency
Total Debt/Equity	42.2	30.25	28.51	24	12.02
Total Debt / Total Capital	29.68	23.22	22.19	19.36	10.73
LT Debt/Equity	41.63	29.92	23.66	23.59	11.76
Long-Term Debt / Total Capital	29.27	22.97	18.41	19.02	10.49
Total Liabilities / Total Assets	33.4	25.07	23.54	21.8	13.24
EBIT / Interest Expense	4.05	3.99	1.19	0.03	1.52
EBITDA / Interest Expense	7.71	4.97	1.44	0.27	1.92
(EBITDA - Capex) / Interest Expense	7.63	4.96	1.44	0.27	1.87
Total Debt / EBITDA	20.54	10.28	13.77	54.74	7.87
Net Debt / EBITDA	-10.04	-4.34	-7.2	-37.72	-24.77
Total Debt / (EBITDA - Capex)	20.76	10.3	13.79	55.75	8.06
Net Debt / (EBITDA - Capex)	-10.15	-4.35	-7.21	-38.41	-25.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	45.11	41.47	-1.05	7.64	33.66
Gross Profit, 1 Yr. Growth %	176.39	101.56	-13.17	-39.44	142.64
EBITDA, 1 Yr. Growth %	-239.95	195.58	-28.56	-95.05	2.94K
EBITA, 1 Yr. Growth %	-233.22	199.34	-28.59	-95.29	3.09K
EBIT, 1 Yr. Growth %	-179.49	261.35	-24.36	-96.51	4.32K
Earnings From Cont. Operations, 1 Yr. Growth %	107.14	13.95	0.14	18.15	48.78
Net Income, 1 Yr. Growth %	108.09	13.95	0.14	18.15	48.78
Normalized Net Income, 1 Yr. Growth %	99.46	22.26	-17.4	22.04	59.76
Diluted EPS Before Extra, 1 Yr. Growth %	102.78	8.22	-1.27	16.67	37.14
Accounts Receivable, 1 Yr. Growth %	-8.41	6.08	-14.58	0.94	103.55
Net Property, Plant and Equip., 1 Yr. Growth %	-23.04	-44.73	-75.69	2.14K	8.37
Total Assets, 1 Yr. Growth %	53.46	46.58	2.96	5.49	81.58
Tangible Book Value, 1 Yr. Growth %	29.97	64.23	5.12	7.94	101.86
Common Equity, 1 Yr. Growth %	29.35	64.9	5.07	7.89	101.45
Cash From Operations, 1 Yr. Growth %	49.23	-145.26	-468.81	74.96	-250.74
Capital Expenditures, 1 Yr. Growth %	-55.65	-76.36	-30.77	300	805.56
Levered Free Cash Flow, 1 Yr. Growth %	6.21	-210.68	-127.57	-63.14	-709.37
Unlevered Free Cash Flow, 1 Yr. Growth %	5.94	-184.45	-194.88	-9.01	-104.34
Dividend Per Share, 1 Yr. Growth %	86.36	21.95	2.86	16.67	42.86
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.07	43.28	18.31	3.2	19.94
Gross Profit, 2 Yr. CAGR %	79.57	136.03	32.3	-27.48	21.22
EBITDA, 2 Yr. CAGR %	-2.01	103.39	45.32	-81.2	22.6
EBITA, 2 Yr. CAGR %	-3.71	99.69	46.2	-81.67	22.52
EBIT, 2 Yr. CAGR %	-16.38	69.48	65.32	-83.75	24.22
Earnings From Cont. Operations, 2 Yr. CAGR %	48.21	53.63	6.82	8.77	32.58
Net Income, 2 Yr. CAGR %	48.11	53.99	6.82	8.77	32.58
Normalized Net Income, 2 Yr. CAGR %	51.43	56.16	0.5	0.41	39.63
Diluted EPS Before Extra, 2 Yr. CAGR %	46.1	48.14	3.37	7.33	26.49
Accounts Receivable, 2 Yr. CAGR %	-5.51	-1.43	-4.81	-7.14	43.34
Net Property, Plant and Equip., 2 Yr. CAGR %	409.82	-34.78	-63.35	133.14	392.27
Total Assets, 2 Yr. CAGR %	40.03	49.98	22.85	4.22	38.4
Tangible Book Value, 2 Yr. CAGR %	17.33	46.1	31.39	6.52	47.61
Common Equity, 2 Yr. CAGR %	17.37	46.05	31.63	6.47	47.42
Cash From Operations, 2 Yr. CAGR %	25.03	-17.81	29.2	154.02	62.4
Capital Expenditures, 2 Yr. CAGR %	1.87	-67.62	-59.55	66.41	501.85
Levered Free Cash Flow, 2 Yr. CAGR %	38.74	8.42	-44.76	-68.04	49.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	44.02	-5.42	-10.49	-7.01	-80.14
Dividend Per Share, 2 Yr. CAGR %	36.52	50.76	12	9.54	29.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	25.26	29.62	26.64	14.64	12.49
Gross Profit, 3 Yr. CAGR %	30.08	86.62	69.12	1.96	8.46
EBITDA, 3 Yr. CAGR %	139.67	41.59	43.51	-52.91	2.41
EBITA, 3 Yr. CAGR %	179.38	40.53	41.74	-53.49	2.34
EBIT, 3 Yr. CAGR %	154.29	36.2	29.52	-54.31	5.29
Earnings From Cont. Operations, 3 Yr. CAGR %	42.54	35.77	33.21	10.47	20.74
Net Income, 3 Yr. CAGR %	41.86	35.72	33.41	10.47	20.74
Normalized Net Income, 3 Yr. CAGR %	39.06	41.01	26.29	7.22	17.22
Diluted EPS Before Extra, 3 Yr. CAGR %	40.36	32.19	29.4	7.62	16.46
Accounts Receivable, 3 Yr. CAGR %	34.57	-1.79	-6.02	-2.93	20.62
Net Property, Plant and Equip., 3 Yr. CAGR %	190.58	143.09	-53.07	44.29	80.6
Total Assets, 3 Yr. CAGR %	51.7	42.18	32.3	16.77	25.41
Tangible Book Value, 3 Yr. CAGR %	35.44	31.25	30.92	23.06	31.82
Common Equity, 3 Yr. CAGR %	35.47	31.45	30.87	23.18	31.69
Cash From Operations, 3 Yr. CAGR %	16.47	-10.89	35.56	42.94	113.47
Capital Expenditures, 3 Yr. CAGR %	8.55	-37.4	-58.29	-13.17	192.7
Levered Free Cash Flow, 3 Yr. CAGR %	12.08	28.67	-31.31	-51.65	-14.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.74	20.55	-5.32	-9.95	-66.53
Dividend Per Share, 3 Yr. CAGR %	35.25	31.48	32.72	13.53	19.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	31.14	33.19	22.44	18.32	23.92
Gross Profit, 5 Yr. CAGR %	13.61	71.32	30.96	27.87	48.03
EBITDA, 5 Yr. CAGR %	-13.65	18.56	96.2	-36.87	34.75
EBITA, 5 Yr. CAGR %	-14.4	17.36	115.63	-37.78	33.72
EBIT, 5 Yr. CAGR %	-19.1	15.16	114.06	-41.81	27.37
Earnings From Cont. Operations, 5 Yr. CAGR %	51.35	44.37	27	24.25	32.96
Net Income, 5 Yr. CAGR %	71.35	42.28	26.64	24.22	33.08
Normalized Net Income, 5 Yr. CAGR %	75.94	45.56	22.12	23.1	31.47
Diluted EPS Before Extra, 5 Yr. CAGR %	47.66	39.05	24.19	21.62	28.23
Accounts Receivable, 5 Yr. CAGR %	16.45	27.27	17.17	-3.97	11.26
Net Property, Plant and Equip., 5 Yr. CAGR %	86.76	64.9	26.94	139.06	20.16
Total Assets, 5 Yr. CAGR %	44.36	45.7	39.42	25.57	34.71
Tangible Book Value, 5 Yr. CAGR %	41.4	39.54	33.81	20.73	37.36
Common Equity, 5 Yr. CAGR %	41.41	39.67	33.92	20.82	37.25
Cash From Operations, 5 Yr. CAGR %	185.11	-3.04	21.4	35.49	45.72
Capital Expenditures, 5 Yr. CAGR %	-15.01	-25.06	-26.86	-7.44	21.33
Levered Free Cash Flow, 5 Yr. CAGR %	3.18	14.75	-15.54	-26.29	-6.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.14	10.28	3.89	8.66	-49.29
Dividend Per Share, 5 Yr. CAGR %	54.13	37.97	25.42	22.22	31.26