Spheria Emerging Companies reports strong investment performance, increased profit

Spheria Emerging Companies Limited (ASX:SEC) reported a net profit after income tax of A$16,401,000 for the year ended 30 June 2025, a substantial increase from A$7,594,000 in the prior year. The company's investment portfolio delivered a robust 16.8% return, outperforming its benchmark by 4.5%. This strong performance enabled the company to declare fully-franked quarterly dividends of 3.5 cents per share for the September 2024, December 2024, and March 2025 quarters, with a subsequent increase to 3.6 cents for the June 2025 quarter.

The company's estimated pre-tax net tangible asset (NTA) backing per share stood at A$2.709 as of October 15, 2025. This figure, though unaudited, reflects the positive impact of the company's investment strategy, which focuses on actively managed Australian and New Zealand smaller companies generating solid cash flows.

Governance disclosures highlighted the composition of the board of directors, including Jonathan Trollip as chairman, Lorraine Berends AM, Matt Booker, and Chris Meyer as alternate director. Total remuneration for directors was A$80,000. Additionally, the company's auditor, Pitcher Partners Sydney, was remunerated A$74,290 for audit services and A$16,139 for tax compliance services.