AUS
NZ
UK
CA
USA
IND
_06_16_2026_04_54_27_535266.jpg)
Highlights
- PFP revenue rose 12% YoY to AUD 115.2 million in 1HFY25, driven by higher volumes and pricing.
- PFP invested about AUD 13 million in three acquisitions during 1HFY25.
- The company expects AUD 220 million - AUD 225 million in revenue in FY25.
- Operating EBITDA is expected to range from AUD 54 million to AUD 56 million.
Propel Funeral Partners Limited (ASX:PFP) is an Australia-based provider of death care services across Australia and New Zealand. The company owns and operates businesses, properties, infrastructure, and related assets in New South Wales, Victoria, Queensland, Tasmania, Western Australia, South Australia and New Zealand.
In the first half of the financial year 2025 (1HFY25), the company reported revenue of AUD 115.2 million, up 12% from AUD 102.9 million in 1HFY24, supported by an 8.6% increase in funeral volumes to 11,549 and a 2.6% rise in average revenue per funeral to AUD 6,727.
Operating EBITDA for the period grew by 9.1% YoY to AUD 29.9 million, driven by contributions from 11 acquisitions completed across FY24 and 1HFY25. Meanwhile, operating PAT rose 20.8% YoY to AUD 12.2 million, while the company invested approximately AUD 13 million in three acquisitions during the period.
Business Update
On 19 June 2025, the company announced that co-founders Fraser Henderson and Lilli Rayner will assume the roles of Co-Chief Executive Officers, effective 1 September 2025, succeeding fellow co-founder and current Managing Director Albin Kurti, who will retire on 31 August 2025. The company also stated that current Group Financial Controller, Arash Noaeen, will be promoted to Chief Financial Officer.
Company Outlook
For FY25, the company projects revenue between AUD 220 million and AUD 225 million, with operating EBITDA expected to range from AUD 54 million to AUD 56 million. This forecast is based on anticipated funeral volumes of approximately 22,500 (±1%), which includes an estimated 4% YoY increase from acquisitions, partially offset by a possible 2% organic volume decline due to a temporary contraction in industry death rates.
Share performance of PFP
PFP shares edged up 0.42% to close at AUD 4.810 per share on 12 August 2025. Over the past year, PFP’s share price has declined 17.07% and is down 18.06% year-to-date. It has fallen 18.61% over the past six months and 5.13% over the past three months, but gained 3.89% in the past month. The 52-week high for PFP is AUD 6.160, recorded on 7 November 2024, while the 52-week low is AUD 4.200, reached on 27 May 2025.
Support and Resistance Summary
Note 1: Past performance is neither an Indicator nor a guarantee of future performance.
Note 2: The reference date for all price data, and currency, is 12 August 2025. The reference data in this report has been partly sourced from EODHD/Others.
Technical Indicators Defined:
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.
Disclaimer
This article has been prepared by Kalkine Media, echoed on the website kalkinemedia.com/au and associated pages, based on the information obtained and collated from the subscription reports prepared by Kalkine Pty. Ltd. [ABN 34 154 808 312; AFSL no. 425376] on Kalkine.com.au (and associated pages). The principal purpose of the content is to provide factual information only for educational purposes. None of the content in this article, including any news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video is or is intended to be, advisory in nature. The content does not contain or imply any recommendation or opinion intended to influence your financial decisions, including but not limited to, in respect of any particular security, transaction, or investment strategy, and must not be relied upon by you as such. The content is provided without any express or implied warranties of any kind. Kalkine Media, and its related bodies corporate, agents, and employees (Kalkine Group) cannot and do not warrant the accuracy, completeness, timeliness, merchantability, or fitness for a particular purpose of the content or the website, and to the extent permitted by law, Kalkine Group hereby disclaims any and all such express or implied warranties. Kalkine Group shall NOT be held liable for any investment or trading losses you may incur by using the information shared on our website.
