Blue Sky Alternative Investments Limited reported consolidated earnings results for the half year ended 31 December 2017. For the period, the company's revenue was AUD 39,158,000 compared to AUD 32,813,000 a year ago. Profit before income tax was AUD 10,775,000 compared to AUD 14,906,000 a year ago. Profit after income tax was AUD 8,524,000 compared to AUD 10,790,000 a year ago. Profit attributable to owners of the company was AUD 8,524,000 compared to AUD 10,790,000 a year ago. Diluted earnings per share were 14.08 cents compared to 15.15 cents a year ago. Net cash from operating activities was AUD 8,630,000 compared to AUD 2,888,000 a year ago. Payments for property, plant and equipment was AUD 331,000 compared to AUD 482,000 a year ago. Payments for intangible assets were AUD 101,000 compared to AUD 39,000 a year ago. Total income was AUD 43.3 million against AUD 41.7 million a year ago. Net profit after tax was AUD 9.8 million against AUD 10.3 million a year ago. On underlying basis, the company reported total income of AUD 51.4 million against AUD 36.4 million a year ago. Net profit attributable to members was AUD 16.1 million against AUD 10.1 million a year ago. Net profit after tax was AUD 16.1 million against AUD 10.1 million a year ago. This result was driven by a substantial increase in fee-earning assets under management ('AUM') which stood at AUD 3.9 billion at 31 December 2017, an increase of close to AUD 1.2 billion over the last twelve months. Underlying net cash from operating activities was AUD 9.3 million. Underlying payments for property, plant and equipment was AUD 0.1 million. Underlying total revenue was AUD 36.4 million. Underlying profit before tax was AUD 14.5 million. Underlying profit after income tax for the period was AUD 10.1 million.

The Directors have maintained previous guidance for the full of fiscal year 2018 with underlying NPAT anticipated to be between AUD 34.0 million and AUD 36.0 million, an increase of between 33% to 41% on fiscal year 2017.