HedgeCo.Net — L1 Group posted its first full-year result since absorbing Platinum Asset Management and the headline is a 97% jump in underlying profit that includes a large one-off fee. For the year to June 30, 2026, underlying net profit after tax was A$188.8 million, up from a A$96.1 million pro forma prior year, Motley Fool Australia and Money Management reported from the ASX filing. Underlying EBITDA was A$287.4 million, up 102%. Revenue was A$385.9 million, up 49%, while operating expenses...
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