ASX:QAL

Qualitas Fiscal 2026 Normalized Earnings, Revenue Up

Qualitas (ASX:QAL) logged AU$0.147 in normalized earnings per share for the fiscal 2026, compared with AU$0.123 a year ago, a late Thursday filing showed.For the 12 months ended June 30, revenue from ordinary activities was AU$129.6 million versus AU$109.4 million previously, the Australia-listed real estate private credit firm added.The board declared a final dividend of AU$0.0775 per share, up from AU$0.075 a year earlier, payable Sept. 18 to shareholders on record as of Sept. 4.The company expects fiscal 2027 earnings per share of AU$0.172 to AU$0.186 and net profit before tax of AU$74 million to AU$80 million.

Qualitas Upgrades Long-Term Australian Funds Management EBITDA Margin Target to 60%

Qualitas (ASX:QAL) has upgraded its long-term Australian segment funds management earnings before interest, taxes, depreciation and amortization (EBITDA) margin target to 60%, after meeting its previous target of 50%, according to a Friday Australian bourse filing.The company said it is aiming to achieve greater operating leverage through artificial intelligence, with fiscal 2027 implementation spend focused on building a proprietary AI platform based on Qualitas' proprietary data and intellectual property.Improved scalability and efficiency gains support the upgraded long-term Australian funds management business margins, it added.

Morgans Financial Upgrades Qualitas to Buy from Accumulate; Price Target is AU$3.50