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Showing 51 - 60 of 230 results for "EBITDA"

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... "significant disruption" to the business over recent months, will see revenue of approximately $125 million and normalised EBITDA of around $8.5 million in its full-year results.

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... fees is growing. Its platform market share looks to be steadying from consecutive declines. The advice business achieved EBITDA profitability in first half fiscal 2024 after five halves of losses," Ler said. "The odds of multiple expansion are good ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... construction projects. Between the 2019 and 2023 financial years, the overseas construction unit contributed 0.6% to its EBITDA margin. Between 250 and 350 will be made redundant from its regional management structure, while about 760 workers are in ...

Australian Ethical snaps up asset manager

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... agreed FUM levels. The deal is expected to be EPS accretive from day dot and is forecast to generate circa $1 million in EBITDA by FY25. Altius will continue to manage Australian Unity's cash and fixed interest portfolios, along with its other fixed ...

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... deliver an exceptional experience for their advisers and clients." Last week, Iress upped its 2024 financial year adjusted EBITDA guidance from between $117 million and $127 million to a range of $122 million to $132 million. Iress chief executive Marcus ...

Hamilton Lane debunks private market myths

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... Lane indicated that private market valuations are realistic support by data showing private equity's stronger revenue and EBITDA compared to public companies in 2022 and 2023. It attributed this to better sector selection and a greater ability to create ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... Centrepoint delivered its interim results for 1H24. It flagged strong financial performance, with an 11% increase in normalised EBITDA of $4.1 million, driven by organic growth and the November acquisition of Financial Advice Matters Group. Its profit ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... Despite the sale, revenues also increased, coming in 43.7% - or almost $20 million - higher at $62.8 million. Normalised EBITDA was $3.6 million, slightly below the $4 million budget provisioned. This excludes the impact of items such as redundancies ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... after tax (NPAT) plummet from a $52.7 million profit to a $137.5 million loss for FY23, alongside a decrease in statutory EBITDA from $142.7 million to $89.6 million. Revenue for FY23 marginally rose to $625.7 million from $615.6 million in the prior ...

Prime to acquire boutique fund manager

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... consideration of $1.5 million but a purchase price not exceeding $4.2 million payable. This is subject to Altor achieving an annual EBITDA of $700,000 over a three-year period. Altor earns an annualised revenue of about $1.8 million. Altor operates three ...