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Showing 161 - 170 of 6743 results for "Profit"

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
After reporting a $185 million loss last year, Insignia Financial has clawed its way back to a $16.1 million profit in FY25. Insignia Financial has undergone an extensive cost optimisation program in recent years, which included transitioning its master ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... was $2088, an increase of $223. The average FUA per average number of accounts was $662,000, an increase of $80,000. Net profit after tax (NPAT) increased by 39.8% to $116.5 million, while NPAT margin grew by 35.9%. Total operating expenses has however ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
... and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax was up 4.1% to $53.7 million. Equity Trustees declared ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
VG1 Partners Global Investments (VG1) appointed a new investment manager after booking an operating loss of $17.6 million and delivering net portfolio returns of -3% for the last financial year. Regal Partners appointed Paul Moore to be the investment ...

Only half of advice practices report positive earnings: Investment Trends

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
The latest findings from Investment Trends reveal that only half of financial advice practices report positive momentum when it comes to profitability. The 2025 Adviser Business Model Report shows that profitability in the sector continues to improve ...

Euroz Hartleys in 'early stage' talks with big investor

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... 2024 results, Euroz Hartleys reported a 33% rise in revenue to $52.9 million compared to the prior corresponding year. Net profit after tax leaped a whopping 500% to $6.3 million. Last October, Tim Bunney, who has been working in stockbroking since 2010 ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... was partially offset by revenue reductions in our investment management business to deliver a 5.4% increase in operating profit to $159.7 million," Magellan chief executive and managing director Sophia Rahmani said. Last week, Magellan unveiled its new ...

HUB24 reports record inflows, user growth

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
HUB24 achieved close to $20 billion in inflows in FY25 and reported a 68% increase in profit. Released today, HUB24's annual results show the platform had $19.8 billion in inflows over the year, $4 billion of which came from large migrations. In the ...

Fiducian FUA reaches $5bn

KARREN VERGARA  |  MONDAY, 18 AUG 2025
... $5.9 billion, which grew 12% year on year. The group delivered gross revenue of $89.4 million, up 11% annually, while net profit after tax of $18.6 million was 23% up on the prior year. "Our three operating segments have remained resilient over the past ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
Bell Financial Group (BFG) saw net profit after tax slump by 44% in its latest performance update, dragged by market volatility impacting the broking business. The group reported NPAT of $9.3 million for its half-year to June 2025 results. The broking ...