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Showing 91 - 99 of 99 results for "Recurring Revenue"

Planning pracs down 10pc value

ELISE BURGESS  |  TUESDAY, 17 MAY 2011
... recent FOFA announcements, a number of Radar Results clients have said they will not now pay the same level of recurring revenue, or EBIT multiple, that they were prepared to pay before the FOFA announcements," said Birt. Birt said that the drop of ten ...

Trust Company eyes personal touch to build on growth

MATT WOODINGTON  |  WEDNESDAY, 20 APR 2011
Trustee services provider the Trust Company is aiming to overhaul its technology and IT systems to help increase engagement with personal clients after reporting a 13 per cent annual rise in EBITDA. Chief executive officer John Atkin attributed the ...

Planners struggle to sell practices as values fall

ALISON BEVEGE  |  TUESDAY, 12 APR 2011
... years, with buyers reluctant to pay as much as in times past. Businesses are valued at multiples of the annual recurring revenue provided by clients. For example, the value of recurring revenue of retirees in a practice has stayed level at 2.5 over the ...

Countplus buys super law firm

MATT WOODINGTON  |  MONDAY, 14 MAR 2011
... McDonald, managing director, MPL said that the SuperGeneration trust deed service would bring 'an additional recurring revenue arm to the business'. Countplus, owned by ASX-listed Count Financial, is the holding company of 18 established accounting and ...

Planners risk buying bad businesses

RUTH LIEW  |  WEDNESDAY, 28 JUL 2010
... pricing planning businesses are no longer as relevant as they were years ago. "Paying a multiple of three times recurring revenue gives you no idea what your return is, because it's an arbitrary number and doesn't tie back to profitability," said Davidson. ...

The quest for independent advice

MICHELLE BALTAZAR  |  FRIDAY, 26 JUN 2009
The UK regulator's proposal to ban commissions on investment advice fuels fresh debate on the future of the local financial planning industry, with experts divided on how far the industry has come and where the real problems lie. The Financial Services ...

Franchise banking attract planners

MICHELLE BALTAZAR  |  MONDAY, 30 JUN 2008
... said that unlike other lenders that could only lend around 1.7 to 2.5 times multiple of a planning practice's recurring revenue, the bank could lend up to 100 per cent or 2.5 to 3.5 times recurring revenue. The catch is that a dealer group that wants ...

Small caps can keep on delivering: Pengana

HAMISH MADDEN  |  TUESDAY, 11 JUL 2006
Pengana's Emerging Companies Fund has delivered another quarter of outperformance, despite a decline in the benchmark and not being leveraged to the resources growth story, and the group sees no reason for that performance to fall off any time soon. ...

Select Managed Funds makes quiet debut on ASX

... respects, today's performance has been entirely in line with us, we're a conservative company focusing on generating recurring revenue." He says Select had been a natural acquirer of businesses in the past and the listing meant it could broaden its horizons ...