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Showing 251 - 260 of 3397 results for "Revenue"

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... communications that read, 'It benefits the member by stopping the $1.50 charge on their duplicate account, but for us it means less revenue'. Does this indicate the internal thinking about how they were treating their members?" Bragg asked. In response ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... maintain and publish a methodology for determining the prices of its covered services that demonstrates that the expected revenue from the provision of covered services reflects the efficient costs of providing those services, including a return on investment ...

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... range of transformation activities focused on core products, pricing, and productivity and efficiency gains. Operating revenue, however, was $604.3 million, down 3% on the prior year, which Iress attributed to the divestment of non-strategic assets - ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... latter was established in 1995. HUB24's latest results show FUA grew by 33% year on year to $120.9 billion. Platform revenue was up 29% to $154 million, driven by FUA growth and an uplift in trading volumes. Some $2 billion of FUA relates to Xplore ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
HMC Capital's slew of acquisitions skyrocketed assets under management (AUM) by 45% in the half year to December to $18.5 billion. At the rate it is going, the alternatives fund manager expects to double AUM to $50 billion over the next three to ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
... recorded US$20.2 billion net flows throughout last year, nearly doubling its net flows of US$10.2 billion in 2023. Net revenue was up 46.9% year-on-year to $760.4 million, as net operating income increased by 50.4% to $577.9 million - with chief executive ...

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... competitive environment, and this month's launch of our digital bank is an important way to start to address the funding and revenue mix," George said. Underlying earnings per share rose 25% to 9.0 cents per share, driven by improved earnings and ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... justify the valuation." Likewise, Morgan Stanley said CBA offers momentum, but not value. "The balance sheet is strong, and revenue growth is improving, underpinning confidence in the earnings outlook. However, we see better risk reward elsewhere within ...