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

Search Results

Showing 731 - 740 of 3401 results for "Revenue"

CountPlus reappoints chief executive

CHLOE WALKER  |  WEDNESDAY, 17 NOV 2021
... initiatives and continues to see opportunity ahead to also invest in the underlying earnings of core firms that generate revenue through the delivery of client-centric accounting and financial advice. "Much has happened since I joined the CountPlus Limited ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... Another area of demand is pure risk insurance businesses of any size that generate $100,000 to $1 million of recurring revenue. Those looking to acquire express strong interest in AFS licences. These could be a plain vanilla-type AFSL with the standard ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... policy. The big four bank also report a statutory net profit of $6.36 billion, up from $2.50 billion in 2020. Meanwhile, revenue declined 2.2% and net interest margin also dropped 6bps to 1.71%. NAB Corporate and Institutional Banking recorded a 14.8% ...

Kelly+Partners to acquire firm

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... Penrith-based accounting firm with 30% due in two years. The accounting firm is expected to contribute $4.2 million in revenue to the group and has a completion date of November 11. The two existing partners of the firm will acquire a 20% equity interest ...

Pendal brings Global Select Fund to Australia

JAMIE WILLIAMSON  |  MONDAY, 8 NOV 2021
... involved in tobacco production or controversial weapons and will not invest in companies that derive more than 10% of total revenue directly from fossil fuels, alcoholic beverage production, the manufacture, ownership or operation of gambling facilities ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... in controversial areas like tobacco (104), and weapons (99), and other companies that derive a significant portion of revenue from nuclear weapons, land mines, cluster munitions, and so on. Morningstar head of manager selection Grant Kennaway said the ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... September, making up for the losses in its previous results. The funds management firm also recorded a 34.6% spike in revenue to $627.4 million and average funds under management grew 14% to $107.9 billion. Fee revenue was also up by 23% to $581.9 million ...

Fiducian acquires $1.1bn advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
... will pay $12.6 million for the business, of which 70% will be up front and the remainder after 12 months for a recurring revenue of $7.6 million. The business services many of PCCU's more than 390,000 members and the acquisition sees Fiducian's footprint ...

Honan acquires Modern Risk Solutions

ELIZABETH MCARTHUR  |  MONDAY, 1 NOV 2021
... was a natural fit at a strategic and cultural level, with a proven model of success having achieved 40% compound annual revenue growth, for the last five years. "We have admired Modern Risk since it first entered the market in 2013. Headed up by co-founders ...

Crypto mining ETF launches

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
... the Global Digital Miners Index, which gives investors exposure to global listed companies that generate 80% of their revenue from digital asset mining and infrastructure. The index is maintained and rebalanced by S&P Dow Jones Indices and will have ...