Netwealth Group Limited (NWLFF) Q2 2026 Earnings Call Transcript

SA Transcripts158.45K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Netwealth Group Limited (NWLFF) Q2 2026 Earnings Call February 17, 2026 5:15 PM EST Company Participants Matthew Alexander Heine - CEO, MD & DirectorHayden Stockdale - Chief Financial Officer Conference Call Participants Elizabeth Miliatis - Macquarie ResearchSiraj Ahmed - Citigroup Inc. Exchange ResearchNicholas McGarrigle - Barrenjoey Markets Pty Limited, Research DivisionTharan Jeyathasan - JPMorgan Chase & Co, Research DivisionJames Bales - Morgan Stanley, Research Division Presentation Operator Thank you for standing by, and welcome to the Netwealth Group Limited Half Year Results Fiscal Year 2026 Conference Call. [Operator Instructions] I would now like to hand the conference over to Mr. Matt Heine, CEO and Managing Director. Please go ahead.

Matthew Alexander HeineCEO, MD & Director Thanks, Jamie, and good morning, everyone. My name is Matt Heine. I'm the CEO and Managing Director of Netwealth, and I'm joined here today with our CFO, Hayden Stockdale. Thank you for joining, as mentioned. Today, we are very pleased to present our half year results for 2026. And in many ways, the last 6 to 12 months has been a tale of 2 cities or as Charles Dickens famously said, it was the best of times and it was the worst of times. On the one hand, we delivered record results, which I'll walk through shortly. And on the other hand, as many of you would be aware, we worked through a very challenging regulatory environment. We're particularly pleased to be able to settle that particular issue at the end of last year and give the members and victims of the First Guardian collapse clarity going into Christmas and also to reach agreement with the regulators to start this year with a fresh start. For the purpose of today, however, we are going to focus on the financials and the adjusted financials. So the