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Showing 91 - 100 of 230 results for "EBITDA"

CountPlus profit plummets

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... the biggest impact came from CountPlus changing to a 'clean' user-pays model without any grandfathered revenue. Statutory EBITDA was down 28% to $2.08 million while revenue from operating activities was up 3% to $80.5 million. CountPlus subsidiary Count ...

Bravura appoints chief executive

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
... its full-year results, Bravura's net profit was down 14% to $34.6 million and its revenue was down 11% to $243 million. EBITDA was also down 15% to $49.3 million. The decrease was due to COVID-19 causing a decline in professional services work in the ...

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... (PARS). In its full-year results, HUB24 reported an underlying NPAT of $15 million, up 53% on FY20 and underlying group EBITDA rose 47% to $36.2 million. The platform acknowledged its growth prior to $7.5 million in transaction costs related to Xplore ...

Class makes acquisition, profit down

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
... loss attributed to the divestment of Philo Capital Advisers. Meanwhile, operating revenue was up 25% to $54.9 million and EBITDA was up 15% to $21.9 million. Class maintained its underlying EBITDA margin of 40%. "We are excited about the growth opportunities ...

Praemium FUA doubles, profit slips

ANNABELLE DICKSON  |  MONDAY, 16 AUG 2021
... million with Australian revenue up 37% to $53.1 million and international revenue jumping 6% to $12.5 million. Underlying EBITDA remained relatively flat dropping 1% to $14 million. The Australian platform FUA recorded 223% growth to $18.38 billion which ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... for its superannuation administration business, Link Group's super business only contributes to about a quarter of its EBITDA. Morningstar said it believes the market has overreacted to the possible negative impact of superannuation reform for Link. ...

Class to dump MDA investment

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... negative adjustment in its FY21 financial statements. Despite this, it remains on track to deliver its revenue and underlying EBITDA targets. Philo Capital did not respond to a request for comment.

Sequoia launches family office

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... targeting $2 billion in funds under advice in the next five years. The Macro Investment Advisory book $0.2 million to Sequoia's EBITDA in the first year. The purchase cost Sequoia $0.6 million in two payments of $0.15 million and shares. Sophie Chen ...

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... enterprise value for Mainstream of around $415 million, including transactions costs and net debt and is equivalent to 36x EBITDA guidance. The offer follows an intense bidding war set off by Apex making a superior offer to SS&C's original bid of ...

Pendal appoints head of product

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... long-only equities with US$30.5 billion in funds under management. Pendal said the purchase price was 7.6x the first half 2021 EBITDA (annualised, excluding synergies). It said the firm was forecast to double earnings per share in the first full year ...