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Showing 31 - 40 of 175 results for %22EBITDA%22

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... practices with north of $3 million in revenue that is not co-located with the buyer are getting anywhere between 5x and 7x EBITDA. Meanwhile, a business with client fees between $2000 and $3000 per annum could sell for 1.5x to 2.2x recurring revenue ...

HUB24 continues growth trajectory

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
... period. The company reported NPAT of $14.2 million for the period, up 103% on the first half of 2021. Group underlying EBITDA also improved, up 80% to $29.7 million. During the period, HUB24's acquisitions of Xplore Wealth, Class and Ord Minnett PARS ...

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
... enterprise value for Mainstream of around $415 million, including transactions costs and net debt and is equivalent to 36x EBITDA guidance. It follows an intense bidding war set off by Apex making a superior offer to SS&C's original bid of $2 per ...

CountPlus takes stake in firm

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... acquisition comes after CountPlus recorded a 59% drop in net profit to $7.1 million in its full-year results last week. Statutory EBITDA was down 28% to $2.08 million while revenue from operating activities was up 3% to $80.5 million. CountPlus subsidiary ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 million. However, FY21 EBITDA of $3.2 million was 66% lower than previous year, driven by costs of proposed ...

CountPlus profit plummets

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... the biggest impact came from CountPlus changing to a 'clean' user-pays model without any grandfathered revenue. Statutory EBITDA was down 28% to $2.08 million while revenue from operating activities was up 3% to $80.5 million. CountPlus subsidiary Count ...

Bravura appoints chief executive

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
... its full-year results, Bravura's net profit was down 14% to $34.6 million and its revenue was down 11% to $243 million. EBITDA was also down 15% to $49.3 million. The decrease was due to COVID-19 causing a decline in professional services work in the ...

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... (PARS). In its full-year results, HUB24 reported an underlying NPAT of $15 million, up 53% on FY20 and underlying group EBITDA rose 47% to $36.2 million. The platform acknowledged its growth prior to $7.5 million in transaction costs related to Xplore ...

Class makes acquisition, profit down

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
... loss attributed to the divestment of Philo Capital Advisers. Meanwhile, operating revenue was up 25% to $54.9 million and EBITDA was up 15% to $21.9 million. Class maintained its underlying EBITDA margin of 40%. "We are excited about the growth opportunities ...

Praemium FUA doubles, profit slips

ANNABELLE DICKSON  |  MONDAY, 16 AUG 2021
... million with Australian revenue up 37% to $53.1 million and international revenue jumping 6% to $12.5 million. Underlying EBITDA remained relatively flat dropping 1% to $14 million. The Australian platform FUA recorded 223% growth to $18.38 billion which ...