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Generation Development Group Ltd

Company price
3.21 AUD -0.08 ( 2.43%)
Last update at 2026-11-06T05:32:00Z
VOLUME
1365837
Market Cap
1299.33M
P/E
40.25

Momentum Score

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Generation Development Group Limited engages in the diversified financial service business in Australia. The company operates through Benefit Funds Management and Funds Administration (Generation Life), Research and Ratings (Lonsec), and Managed Account Businesses (Evidentia) segments. It offers investment-linked savings and retirement income solutions; and investment bond products, funeral bond products, and investment-linked lifetime annuities, as well as investment research, ratings, governance, and portfolio services, which connect financial advisers, fund managers, and super funds with tools, data, and insights. The company also provides outsourced investment management, portfolio construction, and tailored managed account solutions. The company was formerly known as Austock Group Limited and changed its name to Generation Development Group Limited in March 2018. Generation Development Group Limited was founded in 1991 and is based in Melbourne, Australia.

Source: TradingView
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Day Price Range
3.12
Low
3.25
High
52 Week Price Range
2.57
Low
6.76
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Generation Development Group Ltd (ASX:GDG) is limited and does not clearly disclose the company's core operations or asset base. As a result, long-term growth drivers are uncertain; investors may find potential only if the company later provides a clear strategy, material projects, or credible execution evidence.
The primary investment risks are lack of transparency and regular reporting, potential illiquidity of the stock, execution and financing risk for any undeclared projects, and regulatory or market changes affecting prospective activities.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
3.29
Dividend Yield
0.61%
Revenue TTM
583.72M
Revenue Per Share
1.46
Gross Profit TTM
286.65M
Debt / Equity
0.06
ROE
4.47%
Net Debt
-145.38M
ROCE
1.81%
Diluted EPS TTM
0.08

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax 129.18M 439.49M 280.28M 199.46M -212.05M
Minority interest - -292.57M -199.53M -147.36M 139.93M
Net income 31.93M 38.25M 5.84M 4.50M 1.90M
Selling general administrative - 146.74M 32.98M 26.42M 24.15M
Selling and marketing expenses - 2.78M 1.75M 1.50M 0.57M
Gross profit 280.92M 8.00M 329.32M 237.37M -177.95M
Reconciled depreciation - 15.78M 1.75M 1.77M 1.31M
Ebit 129.18M 441.40M 280.38M 50.20M 74.46M
Ebitda 153.43M 457.18M 282.13M 51.97M 75.78M
Depreciation and amortization 24.25M 15.78M 1.75M 1.77M 1.31M
Operating income 379.51M 439.49M 287.08M 50.20M 74.46M
Other operating expenses 15.50M -429.59M 44.95M 37.91M 34.10M
Interest expense - 1.91M 2.92M 0.13M 0.14M
Tax provision - 108.68M 78.45M 47.60M -74.02M
Interest income - 9.90M 7.19M 4.54M 0.51M
Net interest income - -1.91M -2.92M -0.13M -0.14M
Income tax expense 97.25M 108.68M 78.45M 47.60M -74.02M
Total revenue 364.01M 9.90M 329.32M 237.37M -177.95M
Total operating expenses -98.59M -431.50M 44.95M 199.52M 104.12M
Cost of revenue 83.09M 1.91M 18.42M 0.04M 0.04M
Total other income expense net -250.33M 98.83M -6.80M 16.33M 4.80M
Net income from continuing ops - 330.81M 205.37M 151.85M -138.03M
Net income applicable to common shares - 38.25M 5.84M 4.50M 1.90M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 7132.70M 5514.57M 3654.59M 2744.40M 2250.23M
Intangible assets 223.16M 153.77M 1.54M 2.23M 2.67M
Other current assets - - -3608.46M 27.70M 2117.06M
Total liab 6401.11M 4814.21M 3443.21M 2685.35M 2192.88M
Total stockholder equity 731.59M 700.35M 211.38M 59.05M 57.35M
Other current liab - - -0.79M -14.30M 9.21M
Common stock 707.27M - 239.56M 89.05M 88.52M
Capital stock - 699.84M 239.56M 89.05M 88.52M
Retained earnings -50.72M -72.84M -80.30M -61.39M -49.94M
Other liab - - - 2671.03M 2172.52M
Good will 517.08M 577.37M 0.55M 0.55M 0.55M
Other assets - - 3654.59M 2643.92M 2152.88M
Cash 192.76M 180.21M 259.83M 93.66M 89.44M
Cash and equivalents - - - 93.66M 89.44M
Total current liabilities 2.21M - 0.79M 14.30M 11.15M
Current deferred revenue - - -16.10M - -
Net debt -145.38M - -256.37M -89.85M -85.20M
Short term debt 2.21M - 0.79M 3.81M 4.24M
Short long term debt total 47.38M - 3.46M 3.81M 4.24M
Other stockholder equity - - - -56.30M -55.01M
Property plant equipment - - - 4.04M 4.68M
Total current assets 6372.21M - - 93.66M 89.44M
Long term investments - - 31.42M 30.34M 28.94M
Net tangible assets - - - 56.27M 54.13M
Short term investments 6051.27M - 3278.81M 2551.67M 2003.84M
Net receivables 128.19M 27.34M 69.82M 1.25M 6.88M
Inventory - - - - -2123.94M
Accounts payable - 36.44M 16.90M 10.50M 6.91M
Accumulated other comprehensive income 75.03M - 52.12M 31.40M 18.77M
Non currrent assets other 14.71M - -42.08M -6.82M -7.90M
Non current assets total 760.48M - 10.73M 6.82M 7.90M
Capital lease obligations - 7.03M 3.46M 3.81M 4.24M
Long term debt total - - - 3.00M 4.24M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - -365.26M 4.38M -2.07M -0.75M
Change to liabilities - - - 49.70M -81.38M
Total cashflows from investing activities -56.00M -365.26M 4.38M -2.07M -6.80M
Net borrowings - -21.19M -0.89M -0.77M -0.65M
Total cash from financing activities 29.98M 273.49M 145.55M -4.25M -3.86M
Change to operating activities - - - -510.61M -286.91M
Net income 31.93M 38.25M 5.84M 4.50M 1.90M
Change in cash 12.55M -79.62M 166.17M 4.22M -5.69M
Begin period cash flow 180.21M 259.83M 93.66M 89.44M 95.13M
End period cash flow 192.76M 180.21M 259.83M 93.66M 89.44M
Total cash from operating activities 38.57M 12.15M 20.03M 10.53M 4.97M
Issuance of capital stock - 312.91M 149.88M - -
Depreciation 24.25M - 1.75M 1.06M 0.98M
Other cashflows from investing activities - -364.98M 4.53M -1.64M -4.17M
Dividends paid 7.97M -9.12M -3.53M 3.56M 3.30M
Change to account receivables 5.15M -3.56M 2.06M 5.24M -7.47M
Sale purchase of stock - -8.68M 149.88M - 0.00M
Other cashflows from financing activities -2.05M -0.44M 0.08M 0.09M 0.10M
Change to netincome - - - 469.14M 533.85M
Capital expenditures 0.53M 4.15M 0.15M 0.43M 1.89M
Change in working capital -1526.44M -1068.94M -639.64M 5.24M -7.47M
Stock based compensation - - - 0.77M 0.75M
Other non cash items 1508.83M 1081.10M 657.92M 4.97M 2.08M
Free cash flow 38.04M 8.01M 19.88M 10.10M 3.08M

Peer Comparison*

Sector: Financial Services Industry: Asset Management

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
GDG
Generation Development Group Ltd
-0.08
2.43%
3.21 40.25 28.17 2.23 1.73 1.90 -3.16
AFI
Australian Foundation Investment Company Ltd
-0.07
1.00%
6.92 30.39 - 25.11 1.03 24.95 -
ARG
Argo Investments Ltd
0.01
0.11%
9.52 27.97 - 24.56 1.01 24.64 -
L1G
L1 Group Limited
-0.03
2.35%
1.25 21.25 19.76 7.36 3.83 3.13 3.71
PNI
Pinnacle Investment Management Group Ltd
-0.57
3.47%
15.84 21.04 18.83 36.44 3.21 45.93 39.78

Profile*

Generation Development Group Ltd

Generation Development Group Limited engages in the diversified financial service business in Australia. The company operates through Benefit Funds Management and Funds Administration (Generation Life), Research and Ratings (Lonsec), and Managed Account Businesses (Evidentia) segments. It offers investment-linked savings and retirement income solutions; and investment bond products, funeral bond products, and investment-linked lifetime annuities, as well as investment research, ratings, governance, and portfolio services, which connect financial advisers, fund managers, and super funds with tools, data, and insights. The company also provides outsourced investment management, portfolio construction, and tailored managed account solutions. The company was formerly known as Austock Group Limited and changed its name to Generation Development Group Limited in March 2018. Generation Development Group Limited was founded in 1991 and is based in Melbourne, Australia.

447 Collins Street, Melbourne, VIC, Australia, 3000

61 3 8601 2040

Name Title Year Born
Mr. Terence Wong B.Com., C.A., L.L.B. Chief Financial Officer NA
Mr. Felipe Araujo Gen. Mang. of Distribution, Marketing & Operations - Generation Life Limited NA
Mr. Grant Hackett O.A.M. CEO & MD of Generation Life Limited NA
Ms. Amanda Jane Gawne ACIS, B.Com., BCom, FCIS, Grad Dip CSP, L.L.B., LL Head of Legal & Compliance, Chief Risk Officer and Company Sec. NA
Mr. Robert Thomson Head of Equity Capital Markets Division NA
Mr. Maxwell James Ronald Green Head of Sydney & Director of Corp. Fin. NA
Mr. Gordon Joseph Group Financial Controller NA
Mr. Felipe Araujo General Manager of Distribution, Marketing & Operations NA
Ms. Amanda Jane Gawne ACIS, B.Com., FCIS, Grad Dip CSP, L.L.B. Head of Legal & Compliance, Chief Risk Officer and Company Secretary NA
Mr. Felipe Araujo General Manager of Distribution, Marketing & Operations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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