PNI
Fiscal year ends June Quarters are offset from the calendar — Q1 is Jul–Sep

Pinnacle Investment Management Group Limited is a global multi-affiliate investment management firm that partners with independent asset managers to provide investors with access to a diverse range of investment strategies. The company operates through a network of 19 affiliate fund managers, holding equity stakes in each, and manages funds across various asset classes including equities, fixed income, and private markets. Key affiliates include Antipodes Partners, Hyperion, Metrics, Five V, Palisade, Riparian, Life Cycle Investment Partners, and Longwave Capital Partners. Pinnacle serves retail, wholesale, and institutional clients in Australia and internationally, with offices in Sydney, Melbourne, Brisbane, London, New York, Toronto, and Auckland. The firm offers investment solutions through active ETFs, listed closed-end funds, and direct fund applications. In October 2025, the company announced an acquisition of a minority stake in Advantage Partners, a multi-strategy private markets platform in Japan, alongside existing partner Tokyo Century Corporation. Pinnacle also holds interests in VSS in the United States. The company was founded in 2006 and provides distribution, infrastructure, and capital support to its affiliates to facilitate growth and diversification across global markets.

Summarised from the company's own disclosures, fiscal year ended Dec 2025

Industry Financial Services Homepage pinnacleinvestment.com
Sector Financial Services IR page pinnacleinvestment.com/invest
Tags
multi-affiliate model, active etfs, private markets, equity management, fixed income, institutional distribution, retail distribution, wholesale distribution, listed closed-end funds, global investment strategies, Antipodes Partners, Hyperion, Metrics, Five V, Palisade, Riparian, Life Cycle Investment Partners, Longwave Capital Partners, Advantage Partners, VSS, Plato, Resolution Capital, Solaris, Aikya, Coolabah, Firetrail, Langdon, Longwave Australian Small Companies Fund, WAVE Active ETF, Pacific Portfolio Solutions
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Metrics

Valuation  
Market cap A$ 3.631B
P/E 16.86
P/BV 2.68
P/S 33.11
P/OCF 10.42
P/FCF —
Dividend yield —
Turnover / mcap —
Returns  
ROE 17.0%
ROI 12.6%
ROIC 12.6%
Profit margin 161.1%
Growth  
Revenue growing Yes
Profits growing Yes
Revenue up 3y Yes
Revenue up 5y No
Quality  
Profitable Yes
Margin expanding No
Buying back stock No
Diluting (TTM) Yes
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News sentiment (TTM) 0
Quality score 35.3%
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Figure FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015
Revenue 109.688M 65.475M 48.988M 45.513M 45.997M 32.514M 22.407M 21.123M 16.542M 10.976M 8.384M 7.647M
Net profit 176.712M 134.427M 90.351M 76.472M 76.365M 67.017M 32.206M 30.549M 23.476M 13.257M 7.192M -7.358M

Figure FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015
Share price 17.11 20.54 14.18 9.98 7.03 — — — — — — —
Price performance 12m -0.17 0.45 0.42 0.42 — — — — — — — —

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Pinnacle Investment Management Group Limited (ticker PNI), listed in Australia.