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Showing 1001 - 1010 of 3401 results for "Revenue"

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
Digital dealtech company thedocyard has entered into a heads of agreement to acquire 100% of tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... 0.33% per annum. Life insurance for Kogan Super members is provided through AIA Australia. Overall, the company reported revenue of $497.9 million, up 13.5% year on year, and a gross profit of $126.5 million, up 39.6% year on year. Among the other verticals ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... to fund vital public services that the community relies upon. The investigation resulted in almost $4.5 million of lost revenue being recovered," she said. Northam was arrested in 2018 upon his return to Australia from Vanuatu after an arrest warrant ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... planning, corporate and platform administration - was mostly flat, rising only about 1% from FY19's $10,350. Group gross revenue was $54.9 million. The biggest contributor to profit, funds management ended June 30 with $2.79 billion in total funds ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
Two advice industry stalwarts have launched a new dealer group promising to save advisers time and money. Finchley & Kent opened for business on July 1 after four years of development by co-founders Sam El Shammaa and Phil Alexander. While they acknowledge ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
Is this the new normal cycle? The cycle of coronavirus cycling its way around the world and infection, containment through social distancing and lockdowns, easing of restrictions, and back to infection - the second wave? This cycle hit home when the ...

K2 Asset Management reports loss

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
... management. Expenses continued to be reduced and right sized where needed whilst working to build a path for sustainable revenue," it said in a statement. K2 this year hired George Boubouras as the head of research. It also flagged recently established ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... pandemic. The platform provider saw a 26% increase in global funds under administration to $20.3 billion, a 14% increase in revenue to $51.2 million and a 25% increase in underlying EBITDA to $14.2 million. Praemium said it had record gross platform ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... strategies. Responsible for 52% of total super savings, fees paid by NFP fund members account for the same amount in fee revenue. In contrast, retail fund members are paying 29% of total fee revenue despite only representing 23% of the system's funds ...

Class announces $4.2m acquisition

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... executed an agreement to buy 100% of Assuriti (Smartcorp) for $4.2 million as it reported a 15% increase in FY19 operating revenue. The acquisition compromises an upfront cash payment of $2.73 million upon completion, plus $1.47 in Class shares escrowed ...