Cadence Capital Limited (CDP) has released its Appendix 4E Preliminary Final Report for the year ended 30 June 2026, showcasing significant growth across its key financial metrics. The company, an Australian-listed investment company operating in the securities industry, primarily derives revenue from dividend income, interest income, and the sale of financial assets at fair value through profit or loss. For the 2026 financial year, revenue from ordinary activities surged by 313% to $63,308,986, up from $15,327,379 in the previous year.
The robust revenue performance translated into a substantial increase in profitability. Profit from ordinary activities before tax attributable to members soared by 659% to $47,358,319, compared to $6,239,511 in 2025. After-tax profit attributable to members also saw a strong rise of 434% to $33,427,950, up from $6,265,774. Basic earnings per share for the period stood at 11.2 cents, a considerable increase from 2.1 cents in the prior year. Additionally, the net tangible asset backing after tax improved to $1.03 as of 30 June 2026, compared to $0.98 in the previous corresponding period.
In line with its strong results, the Board declared a fully franked final dividend of 3.0 cents per share, payable on 15 October 2026, with an Ex-Date of 29 September 2026 and a Record Date of 30 September 2026. A fully franked special dividend of 1.0 cent per share was also declared, slated for payment on 23 December 2026, with an Ex-Date of 15 December 2026 and a Record Date of 16 December 2026. The Dividend Re-Investment Plan (DRP) will be in operation for the final dividend. These dividends follow an interim dividend of 3.0 cents per share paid earlier in the 2026 financial year. The report noted that the 2026 Financial Report is currently in the process of being audited.
