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Showing 11 - 20 of 99 results for "Recurring Revenue"

Lakehouse Capital lists first fund on ASX

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... inundated with short-term news headlines and market noise. He said companies with these traits offer more reliable recurring revenue streams and superior growth potential, especially if they're in industries benefiting from long-term secular growth trends. ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... services firms. This is because advice practices typically have lower or no bad debts and debtors, make monthly recurring revenue with limited fluctuations, typically have very high client retention, have low levels of working capital, low plant and ...

Best Australian share funds of 2024: Mercer

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... businesses: Catapult (ASX: CAT), RPMGlobal (ASX: RUL), and Bravura (ASX: BVS). "All three have high quality, recurring revenue and sell mission critical software. Catapult and RPMGlobal have continued to grow revenue while showing improved operating ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... Federal Court determined that AMP's devaluation of AMP Financial Planning (AMPFP) practices from 4x to 2.5x recurring revenue was "unconscionable". AMP also changed the multiple for grandfathered commission revenue initially from 4x to 1.42x. From 1 ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... in the fourth quarter thanks to the newly won business. It expects the wins to deliver $0.8 million of annual recurring revenue in FY25. During the quarter, Clime finalised its divestment of Madison Financial Group and managed accounts platform WealthPortal ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... growth supported by strong industry and regulatory tailwinds and is expected to provide access to resilient recurring revenue streams from its core research offering," Coombe said.

BlackRock acquires Preqin in $4.8bn deal

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... markets technology and data provider. In 2024, Preqin is expected to generate around US$240 million of highly recurring revenue and has grown approximately 20% per year in the last three years. Through the Aladdin platform, BlackRock provides technology ...

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
... investment and super clients aged 80+ years old have seen their multiples rise by 10% to 0.9x-1.1x the annual recurring revenue compared to the prior year of 0.8x-1.0x. Investment and super clients aged 65-79 now go for 1.9x-2.5x, while those aged up ...

Generation Development Group to take over Lonsec

KARREN VERGARA  |  MONDAY, 3 JUN 2024
... growth supported by strong industry and regulatory tailwinds and is expected to provide access to resilient recurring revenue streams from its core research offering. The Lonsec acquisition is expected to be immediately accretive to our earnings," he ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... This means that while the average for the book can drop, high-quality clients are still demanding around a 3x recurring revenue multiple in CBD businesses. Last year, Centurion valued practices that earn client fees between $2000 to $3000 per annum with ...