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Showing 181 - 190 of 263 results for "NPAT"

Fiducian acquires Perth financial planning firm

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... at September. It acquired $83 million of funds under advice in FY18. It turned $46 million in revenues and $9 million in NPAT in FY18, up from $7.5 million in NPAT the previous financial year. Founder Indy Singh holds about 28% of the company. The stock ...

Advice group rebuilds following regulatory headwinds

DARREN SNYDER  |  MONDAY, 26 NOV 2018
... operating profit of $2.1 million. Net profit after tax was negative $4.3 million in FY18 and followed a positive $968,000 NPAT in FY17.

KKR offers $2.6b to acquire MYOB

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... MYOB has a market cap of about $1.7 billion. In the first half of the year, it generated $218 million in revenue with an NPAT of $25 million. MYOB has appointed UBS as financial adviser and Clayton Utz as legal adviser. The stock jumped 20% on the news ...

Netwealth hires from BTFG

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
... really pleased to have Sid join us." The appointment follows Netwealth's FY18 results earlier this month, where it reported an NPAT of $20.8 million. Its revenue grew 36% over the previous financial year, to hit $83 million for the whole business. Netwealth ...

IOOF offloads corporate trust business

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... (AET) corporate trust business is being sold for $51.6 million. The business contributed $1.1 million to IOOF's underlying NPAT in 2018. IOOF managing director Christopher Kelaher said: "The provision of corporate trust services to the financial services ...

Platform providers crack S&P/ASX 300

KANIKA SOOD  |  FRIDAY, 7 SEP 2018
... revenues inch towards the $50 million mark. For FY18, the managed account provider increased its revenues by 22% and doubled NPAT to $1.4 million over the previous year. HUB24 paid out its first dividend this reporting season after EBITDA for the whole ...

Perpetual reports $140m profit, investments business dips

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
... financial year, as its private wealth and corporate trust units jumped in profits and the investments business dipped. The total NPAT is up 2% over FY17. Perpetual Investments profit before tax was down 3% to $113 million, as the business' operating ...

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
Diversified financial services firm ClearView increased underlying net profit after tax (NPAT) in its wealth management and life insurance arms during FY18, however financial advice earnings dropped. Releasing its FY18 results yesterday, ClearView said ...

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... segments and geographies as clients seek efficiencies from integrated solutions," it said in a statement. Overall group reported NPAT was up 8% over 1H17 to $32 million. The company has maintained its segment profit growth of 3-7% on a constant 2017 ...

GBST Australian revenues dip, UK picks up

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... million, as service revenue from project work in APAC and USA fell. Overall, full year revenue was up marginally in FY18 but NPAT was down 10.5%. The company is debt free and had $11.4 million cash on hand as at June 30.