HUB24 reports AU$168.64 billion in funds under administration as of September 30, marking a 15% increase from AU$146.46 billion in the prior year. The company’s shares rose by 5% following the announcement. The growth reflects stronger asset management performance in fiscal Q1.
HUB24 reports a **51% year-over-year increase in profit** for fiscal year 2026, driven by its financial performance. Despite the profit growth, the company’s shares **decline by 7.5%** following the announcement, reflecting investor reaction to the presentation.
HUB24 appoints Jason Hair as Chief Operating and Innovation Officer. Hair brings experience from his prior role as a Westpac group executive. The new position focuses on operational leadership and driving innovation within the company.
HUB24 adds Andrew Formica to its board as a Non-Executive Director. The ASX-listed fintech company expands its leadership with Formica’s appointment, though no specific background or prior role is detailed in the announcement.
