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Showing 101 - 110 of 230 results for "EBITDA"

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON | MONDAY, 10 MAY 2021

... half-year results. Pendal will purchase TSW for US$320 million ($414 million) which represents 7.6x the first half 2021 EBITDA (annualised, excluding synergies) and is forecast to double earnings per share in the first full year post-completion. TSW ...

Clime appoints new chief executive

KANIKA SOOD | MONDAY, 26 APR 2021

... base salary of $357,000 including superannuation, and a maximum short-term incentive of $200,000 in cash per year based on EBITDA, operating cash profit and operational targets. She will also receive 400,000 Clime shares immediately under the Employee ...

Kin Group bids to takeover McPherson's

ELIZABETH MCARTHUR | FRIDAY, 26 MAR 2021

... markets." McPherson's financial performance has been deteriorating, Perkins said. The company reported revenue and EBITDA declining by 28.9% and 8.7%, respectively from 2016 to 2020, and Gallin said the negative trend was continuing in the first ...

Mainstream to be acquired for $170m

ELIZA BAVIN | TUESDAY, 9 MAR 2021

... shareholders will be encouraged to accept the proposal. The offer is equivalent to 17.4 times higher than Mainstreams FY21 EBITDA guidance, a 12% premium to the value of Mainstream's equity of $152.6 million on 8 March 2021, a 20.6% premium to the value ...

CFOs gain clout in ESG metrics

KANIKA SOOD | THURSDAY, 25 FEB 2021

... bottom-line. "CFOs who fully exemplify their new roles and operate effectively at breakthrough speeds could almost double their EBITDA CAGR from 3.8% to 6.9% over the next three years and increase their revenue CAGR from 2.7% to 3.0%," the firm said. ...

HUB24 lifts inflows, profit flat

ANNABELLE DICKSON | TUESDAY, 23 FEB 2021

... however, revenue increased 18.9% to $62.1 million on the previous corresponding period. In addition, platform underlying EBITDA grew 26% to $17.4 million while group underlying EBITDA rose 41% to $16.4 million. Total FUA which includes the newly acquired ...

CountPlus profit down 53%

ANNABELLE DICKSON | TUESDAY, 23 FEB 2021

... million and cash at hand increased 37% on the previous 12 months to $27.6 million. Count Financial recorded a 74% jump in EBITDA to $1.6 million however, due to the end of grandfathered revenue, the group expects earnings in the second half to be negatively ...

AFCA chair under fire

ELIZABETH MCARTHUR | THURSDAY, 18 FEB 2021

... results today. Statutory revenue was down 62.1% to $581 million, NPAT down 155.4% with a reported loss of $120 million and EBITDA down 99% to $4.4 million. Crown did not declare an interim dividend. Speaking to Financial Standard, Alphinity portfolio ...

Charter Hall bleeds profits, appoints director

ANNABELLE DICKSON | WEDNESDAY, 17 FEB 2021

... according to its half-year results. Statutory profit plummeted to $173.2 million from $313.2 million in the 12 months prior and EBITDA dropped 45.1% to $164.7 million. Funds under management grew 14.4% to $46.4 billion in the six months to 31 December ...

Netwealth boosts profit, FUA

ANNABELLE DICKSON | WEDNESDAY, 17 FEB 2021

... $1666. "As average account size increases, revenue streams are diversified and ancillary revenues increase," Netwealth said. EBITDA rose 30.1% to 40.5 million for the half year with an EBIDA margin of 56%. The platform provider said its strategic investment ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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