Tillkännagivande • Feb 25
Generation Development Group Limited Announces Ordinary Fully franked Dividend for the Six Months Ended December 31, 2025, Payable on April 1, 2026 Generation Development Group Limited announced ordinary fully franked dividend of AUD 0.01000000 for the six months ended December 31, 2025. Record date is March 11, 2026. Ex-date is March 10, 2026. The dividend will be payable on April 1, 2026. Tillkännagivande • Feb 16
Generation Development Group Limited to Report First Half, 2026 Results on Feb 25, 2026 Generation Development Group Limited announced that they will report first half, 2026 results on Feb 25, 2026 Declared Dividend • Aug 30
Final dividend of AU$0.01 announced Dividend of AU$0.01 is the same as last year. Ex-date: 5th September 2025 Payment date: 7th October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 99%. Tillkännagivande • Aug 30
Generation Development Group Limited Declares Ordinary Fully Franked Dividend for the Period of Six Months Ended June 30, 2025, Payable on October 10, 2025 Generation Development Group Limited declared an ordinary fully franked dividend of AUD 0.01000000 per share for the period of six months ended June 30, 2025. Record Date: September 9, 2025. Ex Date: September 5, 2025. Payment Date: October 7, 2025. Reported Earnings • Aug 28
Full year 2025 earnings released: EPS: AU$0.12 (vs AU$0.03 in FY 2024) Full year 2025 results: EPS: AU$0.12 (up from AU$0.03 in FY 2024). Revenue: AU$622.9m (up 89% from FY 2024). Net income: AU$38.2m (up AU$32.4m from FY 2024). Profit margin: 6.1% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 15% p.a. on average during the next 3 years, while revenues in the Insurance industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 28
Generation Development Group Limited, Annual General Meeting, Nov 20, 2025 Generation Development Group Limited, Annual General Meeting, Nov 20, 2025. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Christine Christian was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 18
Generation Development Group Limited to Report Fiscal Year 2025 Results on Aug 28, 2025 Generation Development Group Limited announced that they will report fiscal year 2025 results on Aug 28, 2025 Tillkännagivande • Jun 19
Generation Development Group Limited Appoints Peter Smith as an Executive Director, with Effect from 19 June 2025 Generation Development Group Limited announced the appointment of Mr. Peter Smith as an Executive Director of GDG, with immediate effect. Mr. Smith is the Executive Chairman, Co-Founder, and former CEO of Evidentia Group, GDG's managed accounts business acquired in February 2025. He has over 30 years' experience as a senior executive, board member and business owner and has operated within the wealth management segment over this time. He has experience in international and domestic markets across global asset management, private wealth advice and leadership of fast-growing businesses. He has held roles with Macquarie Bank, NAB, MLC and Godfrey Pembroke in Brisbane, London and Sydney. He has also been an owner of businesses in the accounting and private wealth segment. Mr. Smith holds a Bachelor of Economics from the University of Queensland, a Graduate Diploma in Applied Finance and Investments from FINSIA and a Diploma in Financial Services. Mr. Smith will stand for election at GDG's Annual General Meeting later this year. Tillkännagivande • Feb 24
Generation Development Group Limited to Report First Half, 2025 Results on Feb 28, 2025 Generation Development Group Limited announced that they will report first half, 2025 results on Feb 28, 2025 Tillkännagivande • Feb 18
Generation Development Group Limited (ASX:GDG) acquired Evidentia Group Pty Ltd. Generation Development Group Limited (ASX:GDG) entered into a binding agreement to acquire Evidentia Group Pty Ltd for AUD 360 million on February 10, 2025. A cash consideration of AUD 244.9 million will be paid by Generation Development Group Limited. The consideration consists of common equity of Generation Development Group Limited having a value of AUD 75.1 million to be issued for common equity of Evidentia Group Pty Ltd. An earn-out/contingent payment of AUD 40 million will be paid by Generation Development Group Limited. As part of consideration, AUD 360 million is paid towards common equity of Evidentia Group Pty Ltd. The transaction will be financed through equity investment of AUD 287.9 million.
The expected completion of the transaction is February 2025.
Luminis Partners Pty Ltd. acted as financial advisor for Generation Development Group Limited. Baker & McKenzie acted as legal advisor for Generation Development Group Limited.
Generation Development Group Limited (ASX:GDG) completed the acquisition of Evidentia Group Pty Ltd on February 18, 2025. Tillkännagivande • Feb 11
Generation Development Group Limited has filed a Follow-on Equity Offering in the amount of AUD 287.926796 million. Generation Development Group Limited has filed a Follow-on Equity Offering in the amount of AUD 287.926796 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,566,889
Price\Range: AUD 4.15
Discount Per Security: AUD 0.10375
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 41,427,520
Price\Range: AUD 4.15
Discount Per Security: AUD 0.10375
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 385,542
Price\Range: AUD 4.15
Transaction Features: Rights Offering; Subsequent Direct Listing Tillkännagivande • Feb 10
Generation Development Group Limited (ASX:GDG) agreed to acquire Evidentia Group Pty Ltd for AUD 320 million. Generation Development Group Limited (ASX:GDG) entered into a binding agreement to acquire Evidentia Group Pty Ltd for AUD 320 million on February 10, 2025. A cash consideration of AUD 244.9 million will be paid by Generation Development Group Limited. The consideration consists of common equity of Generation Development Group Limited having a value of AUD 75.1 million to be issued for common equity of Evidentia Group Pty Ltd. As part of consideration, AUD 320 million is paid towards common equity of Evidentia Group Pty Ltd. The transaction will be financed through equity investment of AUD 287.9 million.
The expected completion of the transaction is February 2025.
Luminis Partners Pty Ltd. acted as financial advisor for Generation Development Group Limited. Baker & McKenzie acted as legal advisor for Generation Development Group Limited. Tillkännagivande • Oct 08
Generation Development Group Limited Appoints Christine Christian AO as an Independent Non-Executive Director Generation Development Group Limited announced the appointment of Ms. Christine Christian AO as an Independent Non-Executive Director of GDG, with immediate effect. Ms Christian will stand for election at GDG's Annual General Meeting on 19 November 2024. Ms Christian is an independent chair of SelfWealth Ltd, Auctus Investment Group Ltd. and Tanarra Credit Partners and currently holds non-executive director roles with Arcus Partners and MaxCap Group. She is President of the State Library of Victoria and Council member of La Trobe University. Previously, she has held a range of senior executive roles with Dun & Bradstreet. In addition, Christine was a non-executive director of GDG's wholly owned subsidiary, Lonsec Holdings Pty Ltd, from January 2016 until February 2024. Ms. Christian is a member of the Australian Institute of Company Directors and past president of Chief Executive Women. In 2020, she was awarded an Officer of the Order of Australia in recognition of her distinguished service to the financial and investment sectors, to women in business and through support for emerging entrepreneurs. Recent Insider Transactions • Sep 10
Non-Executive Director recently sold AU$4.0m worth of stock On the 5th of September, William Bessemer sold around 2m shares on-market at roughly AU$2.66 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$5.0m. Insiders have been net sellers, collectively disposing of AU$8.5m more than they bought in the last 12 months. Declared Dividend • Aug 31
Final dividend of AU$0.01 announced Dividend of AU$0.01 is the same as last year. Ex-date: 6th September 2024 Payment date: 7th October 2024 Dividend yield will be 0.7%, which is lower than the industry average of 3.1%. Reported Earnings • Aug 29
Full year 2024 earnings released: EPS: AU$0.03 (vs AU$0.024 in FY 2023) Full year 2024 results: EPS: AU$0.03 (up from AU$0.024 in FY 2023). Revenue: AU$329.3m (up 31% from FY 2023). Net income: AU$5.84m (up 30% from FY 2023). Profit margin: 1.8% (in line with FY 2023). Revenue is forecast to decline by 63% p.a. on average during the next 3 years, while revenues in the Insurance industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 31% per year. Tillkännagivande • Aug 29
Generation Development Group Limited, Annual General Meeting, Nov 19, 2024 Generation Development Group Limited, Annual General Meeting, Nov 19, 2024. Tillkännagivande • Aug 22
Generation Development Group Limited to Report Fiscal Year 2024 Results on Aug 29, 2024 Generation Development Group Limited announced that they will report fiscal year 2024 results on Aug 29, 2024 New Risk • Aug 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risk Significant insider selling over the past 3 months (AU$5.9m sold). Tillkännagivande • Aug 02
Generation Development Group Limited (ASX:GDG) completed the acquisition of 61.9% stake in Lonsec Holdings Pty Ltd. Generation Development Group Limited (ASX:GDG) agreed to acquire 61.9% stake in Lonsec Holdings Pty Ltd for approximately AUD 310 million on June 3, 2024. The consideration consists of AUD 155.4 million in cash which Generation Development Group Limited intends to raise through a fully underwritten Institutional Placement and Accelerated Non-Renounceable Entitlement Offer and Conditional Placement of AUD49.2m to Lonsec shareholders through issue of 25.2 million additional fully paid ordinary shares to Lonsec Holdings Pty Ltd which is subject to approval of Generation Development Group Limited shareholders. Earnout of AUD 90 million to be paid in cash and 2 million shares to be issued as earnout. K & L Gates acted as legal advisor to Generation Development Group Limited and Baker & McKenzie acted as legal advisor to Lonsec Holdings Pty Ltd. The deal is expected to be completed in August 2024. Jefferies LLC acted as financial advisor to Generation Development Group Limited. MinterEllison acted as a legal advisor to Generation Development Group Limited (ASX:GDG).
Generation Development Group Limited (ASX:GDG) completed the acquisition of 61.9% stake in Lonsec Holdings Pty Ltd on August 1, 2024. New Risk • Jun 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Tillkännagivande • Jun 05
Generation Development Group Limited (ASX:GDG) agreed to acquire 61.9% stake in Lonsec Holdings Pty Ltd . Generation Development Group Limited (ASX:GDG) agreed to acquire 61.9% stake in Lonsec Holdings Pty Ltd for approximately AUD 310 million on June 3, 2024. The consideration consists of AUD 155.4 million in cash which Generation Development Group Limited intends to raise through a fully underwritten Institutional Placement and Accelerated Non-Renounceable Entitlement Offer and Conditional Placement of $49.2m to Lonsec shareholders through issue of 25.2 million additional fully paid ordinary shares to Lonsec Holdings Pty Ltd which is subject to approval of Generation Development Group Limited shareholders. Earnout of AUD 90 million to be paid in cash and 2 million shares to be issued as earnout. K & L Gates acted as legal advisor to Generation Development Group Limited and Baker & McKenzie acted as legal advisor to Lonsec Holdings Pty Ltd. The deal is expected to be completed in August 2024. Upcoming Dividend • Mar 04
Upcoming dividend of AU$0.01 per share Eligible shareholders must have bought the stock before 11 March 2024. Payment date: 04 April 2024. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Australian dividend payers (6.3%). Lower than average of industry peers (3.5%). Reported Earnings • Mar 04
First half 2024 earnings released: EPS: AU$0.023 (vs AU$0.005 in 1H 2023) First half 2024 results: EPS: AU$0.023 (up from AU$0.005 in 1H 2023). Revenue: AU$146.2m (up 106% from 1H 2023). Net income: AU$4.39m (up 344% from 1H 2023). Profit margin: 3.0% (up from 1.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is expected to fall by 73% p.a. on average during the next 3 years compared to a 1.0% decline forecast for the Insurance industry in Australia. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 02
Final dividend of AU$0.01 announced Dividend of AU$0.01 is the same as last year. Ex-date: 11th March 2024 Payment date: 4th April 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 84%. Cash payout ratio: 38%. Tillkännagivande • Feb 22
Generation Development Group Limited to Report First Half, 2024 Results on Feb 29, 2024 Generation Development Group Limited announced that they will report first half, 2024 results on Feb 29, 2024 Reported Earnings • Aug 31
Full year 2023 earnings released: EPS: AU$0.024 (vs AU$0.01 in FY 2022) Full year 2023 results: EPS: AU$0.024 (up from AU$0.01 in FY 2022). Net income: AU$4.50m (up 137% from FY 2022). Revenue is expected to decline by 61% p.a. on average during the next 3 years, while revenues in the Insurance industry in Australia are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 30
Generation Development Group Limited, Annual General Meeting, Nov 23, 2023 Generation Development Group Limited, Annual General Meeting, Nov 23, 2023, at 12:00 AUS Eastern Standard Time. Agenda: To consider the election of directors. Tillkännagivande • Aug 24
Generation Development Group Limited to Report Fiscal Year 2023 Results on Aug 30, 2023 Generation Development Group Limited announced that they will report fiscal year 2023 results on Aug 30, 2023 Board Change • Aug 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giselle Collins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Minor Risks Profit margins are more than 30% lower than last year (-0.9% net profit margin). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Board Change • Jul 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giselle Collins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 06
Upcoming dividend of AU$0.01 per share at 1.5% yield Eligible shareholders must have bought the stock before 13 March 2023. Payment date: 06 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.5%. Lower than top quartile of Australian dividend payers (7.0%). Lower than average of industry peers (3.0%). Reported Earnings • Feb 25
First half 2023 earnings released: EPS: AU$0.008 (vs AU$0.01 in 1H 2022) First half 2023 results: EPS: AU$0.008 (down from AU$0.01 in 1H 2022). Net income: AU$1.48m (down 14% from 1H 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Insurance industry in Australia. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year. Tillkännagivande • Feb 20
Generation Development Group Limited to Report First Half, 2023 Results on Feb 24, 2023 Generation Development Group Limited announced that they will report first half, 2023 results on Feb 24, 2023 Board Change • Feb 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giselle Collins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giselle Collins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giselle Collins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Full year 2022 earnings released: EPS: AU$0.01 (vs AU$0.016 in FY 2021) Full year 2022 results: EPS: AU$0.01 (down from AU$0.016 in FY 2021). Net income: AU$1.90m (down 25% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 16
Non-Executive Director recently bought AU$132k worth of stock On the 10th of June, William Bessemer bought around 100k shares on-market at roughly AU$1.32 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$153k more in shares than they have sold in the last 12 months. Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giselle Collins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Giselle Collins was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 08
Upcoming dividend of AU$0.01 per share Eligible shareholders must have bought the stock before 15 March 2022. Payment date: 08 April 2022. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Australian dividend payers (5.8%). Lower than average of industry peers (4.3%). Reported Earnings • Aug 28
Full year 2021 earnings released: EPS AU$0.016 (vs AU$0.013 loss in FY 2020) The company reported a soft full year result with weaker revenues and profit margins, although earnings were improved. Full year 2021 results: Revenue: AU$267.4m (down 1,064% from FY 2020). Net income: AU$2.53m (up AU$4.17m from FY 2020). Profit margin: 0.9% (down from 5.9% in FY 2020). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Recent Insider Transactions • Jun 05
Non-Executive Director recently bought AU$93k worth of stock On the 2nd of June, Jonathan Tooth bought around 107k shares on-market at roughly AU$0.87 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$792k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 02
Non-Executive Director recently bought AU$79k worth of stock On the 29th of April, Jonathan Tooth bought around 90k shares on-market at roughly AU$0.88 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$680k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Feb 27
New 90-day high: AU$0.70 The company is up 1.0% from its price of AU$0.69 on 27 November 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.073 per share. Is New 90 Day High Low • Jan 20
New 90-day high: AU$0.69 The company is up 1.0% from its price of AU$0.69 on 23 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.074 per share. Recent Insider Transactions • Nov 24
Non-Executive Chairman recently bought AU$325k worth of stock On the 20th of November, Robert Coombe bought around 500k shares on-market at roughly AU$0.65 per share. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.