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

Search Results

Showing 321 - 330 of 3397 results for "Revenue"

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... grew 16% driven by a 23% growth in management fee-related revenues. In addition, underlying NPAT grew 24% due to solid revenue growth and modest expense increases, PAC said. PAC has declared a final dividend of $0.23 per share. The dividend will be unfranked. ...

Prime Financial revenue grows 21% to $41m

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
Prime Financial Group has reported a 21% increase in revenue, reaching $40.8 million, bolstered by strong growth in its wealth business. The company remains on track to achieve its goal of $50 million in group revenue by FY25, with plans to double that ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... of $1.4 billion, underpinned by higher average funds under management and administration (FUMA). Asset management net revenue decreased 6.1% in FY24, primarily because of the divestment of JANA in 1H23 and repricing of investor mandates and divestment ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... MA Financial also reported a healthy growth in gross inflows of $1.1 billion, up 16% on 1H23. However, while underlying revenue saw 5% growth from the prior corresponding period to $134.5 million, underlying net profit after tax dipped 27% to $17.8 million ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... reported a 20% increase in EBITDA for FY24 of $9.1 million and NPAT of $7.8 million, up $1.5 million from FY23. Gross revenue across the network of licensed financial advisers and self-licensed firms increased by 6% to $288 million. In addition, Centrepoint ...

RI Toowoomba eyes regional market

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... skill sets to our business, which is very much complementary." The new addition has nearly doubled RI Toowoomba's risk revenue and will be a core part of its offering going forward. This is on top of four other acquisitions the firm has in the pipeline. ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... stability in an environment where interest rates have risen and asset values are recalibrating," he said. Funds management revenue and net profit after tax grew in line by more than 20%, earning $53.7 million and $27.2 million respectively. Charter Hall ...

Channel Capital launches European Private Credit Fund

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
Channel Capital has launched the West Street European Private Credit Fund (AUD) for Australian wholesale investors. The asset manager's fund is an open-end unit trust that accesses Goldman Sachs Asset Management's European private credit strategy, which ...

Iress earnings up 52% to $67m

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... 2024, compared to the same period in 2023. The financial services software company said the increase reflected "stable revenue" combined with "substantial cost efficiencies" as it continues to execute its transformation strategy, which was announced ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... profit after tax of $16.6 million for the half year to June 30, a 50% increase on the prior corresponding period, while revenue rose to $138.7 million, up 18.3%. The diversified financial services and wealth management firm also reported that its Retail ...