Company Interview / "We can disrupt the disruptors..."

Key points:

Fiducian Group (ASX:FID) posts 23% rise in net profit, increases dividend 19% Group maintains debt-free balance sheet and targets continued double-digit earnings growth Strong fund performance and expanding adviser network cited as growth drivers Singh highlights technology, service quality, and selective acquisitions as key strategies

Fiducian Group (ASX:FID) has reported a full-year net profit after tax of $18.6 million, marking a 23% increase over the previous year. The board declared a fully franked full-year dividend of 46.6 cents per share, up 19%. Indy Singh of Fiducian highlights the group’s strong balance sheet, noting it remains debt free and is targeting continued double-digit earnings growth, supported by robust inflows. Fiducian shares surged almost 10% following these results. Singh sees the group as well-placed, emphasising the resilience of its diversified funds, which he states have consistently ranked in the top three among hundreds of managers over the last decade.

Singh points out that despite global volatility, including conflicts in Ukraine and Gaza as well as trade policy uncertainties, market recovery since April has offered momentum, particularly for equities. Singh asserts a positive outlook for the market if interest rates fall further or geopolitical tensions ease, suggesting Fiducian revenue could improve by another 10% if stability continues.

Regarding Fiducian’s operational performance, Singh notes the strength of its funds management and the growth of its auxiliary platform, aiming to “disrupt the disruptors” in the sector. Singh describes exemplary service and technology adoption, including AI for adviser support and cybersecurity, as key differentiators. Fiducian is pursuing scale through adviser network growth, platform expansion, improved investment performance, and selective acquisitions.