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Showing 761 - 770 of 3401 results for "Revenue"

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... additional funds in the coming months, consistent with its strategy to build a funds management division contributing recurring revenue and profitability.

Transition to renewables trumps divestment

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
Asset owners are increasingly opting to transition to renewable energy rather than take the blunt approach of divestment, an industry event revealed. Mercer senior sustainable investment specialist Jillian Reid spoke at the Australian Institute of Superannuation ...

CountPlus takes stake in firm

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... 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 Count Financial's profit was also down from ...

WTL posts $3.3m loss

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
WT Financial Group (WTL) reported a huge loss in FY21 as a result of its restructuring efforts. While revenue grew 6% to $13.6 million, WTL recorded a $3.3 million loss, down from $594,000 in FY20. This is a result of one-off write-downs and provisions ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... is currently $60 per year. This will result in $50 of savings for members a year, and about $8 million in total forgone revenue for CFS, the firm estimates. The latest fee cut comes as the CFS FirstChoice Superannuation Trust is named as one of the 13 ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial 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 ...

CountPlus profit plummets

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... business however, 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 ...

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
... net loss after tax of $143.5 million for FY21, as it cleans out legacy arrangements and integrates recent acquisitions. Revenue for the year was $769.9 million (up 31%), of which $69.1 million came from MLC and $700.8 million from the wider IOOF business. ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
... year driving FUM up to $6.07 billion, the company announced underlying profit after tax of $11.1 million and operating revenue of $58.7 million, up 19% and 18% respectively on the previous financial year. The Australian Ethical super fund's FUM increased ...

Madison delivers for Clime one year on

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... Clime Investment Management. Madison, which Clime acquired in June 2020, contributed $3.6 million to the group's FY21 revenue. Madison now has $3.8 billion in funds under advice and $45 million of in-force premiums. Chief executive Annick Donat said ...