Desane Group Holdings Limited (ASX:DGH) Announces FY25 Results
Financial Performance
Desane Group Holdings Limited reported a net profit after tax (NPAT) of $3.3 million for FY25, up 101.7% from $1.643 million in the previous year. Earnings before interest and tax (EBIT) reached $5.4 million. The net tangible asset per share increased by 5% to $1.70, and total group assets grew by 3% to $104.8 million. Total rental income rose by 2.5% to $2.3 million.
Portfolio Developments
Desane secured lease extensions with Brisbane City Council and Signature Orthopaedics, adding approximately $4.5 million and $5.0 million in rental income respectively over the lease periods. Additionally, development consent was granted for the 159 Allen Street project in Leichhardt, and the Thornton Penrith Industrial Project is advancing with construction planned for Q1 2026.
Valuation Uplift
Independent valuations for four key commercial properties resulted in a $6.2 million uplift, reflecting the Group’s strong property management and market conditions.
Cash and Debt Position
As of 30 June 2025, Desane holds $5.5 million in cash and financial assets, maintaining a strong liquidity position.
Executive Comments
CEO Rick Montrone stated, “Investment demand for quality commercial property assets combined with market rental growth and extended lease transactions have flowed through to the capital values of our properties. The uplift in valuation for the four property investment assets further reflects the diligent work our property team has undertaken in securing medium to long-term leases and recurring rental income for the Group and its shareholders.”
Outlook
Looking ahead to FY26, Desane aims to pursue strategic investment acquisitions, advance its development pipeline, and review capital management strategies to drive growth and deliver sustainable dividends to shareholders.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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