Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 50 results for "Statutory NPAT"

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... higher net income and lower interest costs, partially offset by modest increases in operating expenses and tax. Statutory NPAT rose by 48% to $192.3 million thanks to improved underlying performance and lower asset and liability experience losses. The ...

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... from the previous corresponding period. Underlying net profit after tax (NPAT) grew 7.5% to $510 million, while statutory NPAT recorded a lower growth of 6% to $503 million. ASX managing director and chief executive Helen Lofthouse attributed the strong ...

Iress deputy chief made redundant, takeover talks confirmed

KARREN VERGARA  |  MONDAY, 11 AUG 2025
... an article that saw its share price jump by 15%. The latest half-year financial results show the group delivered statutory NPAT of $17.3 million and revenue of $299.5 million, which was 3% lower year on year. "The successful completion of our transformation ...

Iress offloads QuantHouse

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... will be best realised with an owner committed to investing in its global expansion." Iress made $88.7 million in statutory NPAT for the 2024 financial year, marking a $226.2 million turnaround from the previous year's loss.

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... funds management division, according to its first-half 2025 results announcement. The investment management firm's statutory NPAT, meanwhile, was $72 million, up 28%. Assets under management rose 3% to $131 billion, lifted by positive investment markets. ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... markets, and technology and data businesses. Underlying net profit after tax (NPAT) was down 3.4% to $474.2 million. Statutory NPAT, however, increased as the massive loss of $176.3 million was recognised in FY23 because of the derecognition and associated ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... giant has reported underlying net profit after tax (NPAT) of $95.5 million for 1H24, up 1.2% on 1H23. However, its statutory NPAT was impacted by costs related to its ongoing restructure and increased remediation provisions, resulting in a $49 million ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... with $4.5 billion in outflows seen in global equities. Despite the outflows, Magellan reported a 24% increase in statutory NPAT, coming in at $104.1 million. Adjusted NPAT came in at $93.5 million, down 5%. Operating expenses for the funds management ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... announced mandate loss of $4.3 billion," Vernon said. The group's underlying NPAT was up 6.5% to $196 million. Statutory NPAT was $265 million, bolstered by $245 million following the sales of AMP Capital and SuperConcepts. "We have repositioned ...

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... $102.4 million, up 45% on FY22, and underlying platform EBITDA of $85.1 million, up 37% on FY22. It also recorded a statutory NPAT of $38.2 million in FY23, up 160% from the previous year. Meantime, total funds under administration (FUA) rose 23% to ...