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Showing 361 - 370 of 6744 results for "Profit"

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... transformation and separation costs and $243 million in remediation costs and fines. This is compared to the $51.2 million in net profit it reported in FY23, which included the proceeds of the Australian Executor Trustees sale. That said, underlying ...

MA Financial eyes growth with Warburg Pincus, Flexicommercial

MATTHEW WAI  |  THURSDAY, 22 AUG 2024
... 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 in 1H24. Underlying EBITDA fell 16% to $38.3 million. MA Financial pointed to investment ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
Centrepoint Alliance has 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 ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... 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, on the other ...

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... "We should also remember that markets had moved sharply higher over the past year and have been vulnerable to a bout of profit-taking or a correction."

Aware Super welcomes new chair

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
... aligned values," Stewart added. "Christine also has a passion for enablement and has been actively involved in the not-for-profit sector throughout her career as evidenced by her previously held directorships on The McGrath Foundation, The Smith Family ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... requirements for superannuation fund boards in the wake of the CFMEU scandal. Schubert said the shared governance model of profit-to-member funds was created with a "clear and single purpose" to service the fund members whose retirement savings they ...

HUB24 sees profits jump 15%

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
HUB24 reported solid results for FY24 with EBITDA and NPAT rising 15% for the year to $118 million and $67.8 million respectively. Underlying platform EBITDA was up 21% on FY23 to $103 million and underlying tech solutions EBITDA was up 1% to $22.1 ...

Iress earnings up 52% to $67m

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... and asset base, refocus on core businesses, and manage non-strategic businesses for value. Iress posted a statutory net profit after tax (NPAT) of $17.3 million for 1H24 compared to a $139.8 million loss in the prior corresponding period. The increase ...

MLC Asset Management names director of institutional distribution

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
MLC Asset Management has appointed a director of institutional distribution and consultant relations. Former Schroders Investment Management head of intermediary sales Ian Anderson is the new hire. Anderson previously led a sales team at Schroders ...