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Showing 61 - 70 of 230 results for "EBITDA"

GSFM to distribute Access Capital Partners offering to HNWs

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... segregated accounts. Key drivers of value are pricing discipline, controlled levels of leverage, combined with turnover and EBITDA growth, achieved organically and/or using a buy-and build model. "This strategy reflects ACP's investment philosophy that ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... operational transformation review that's expected to yield cost savings. Praemium expects a considerable uptick in underlying EBITDA from its strategic initiatives, with most benefits projected to be realised in the next financial year. However ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... management, catering to 700,000 investors. The US robo-adviser boasted that as it continues to diversify offerings, its EBITDA margins sit above 40% and is on track to grow revenue by over 140% in 2023. It has expanded its digital advice offering into ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... Australian investors, testing the waters for its private credit strategies that directly lend to companies with an average EBITDA of US$190 million. Its clients include sovereign wealth funds, pension funds, foundations, endowments, and family offices. ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... expansion and a $20.7 million contribution from the ClearView Advice acquisition. Centrepoint Alliance further reported EBITDA also jumped 6% to $7.6 million from the PCP, also driven by the ClearView Advice acquisition and organic licensee fee growth. ...

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... increase in the number of advisers on its books. Reporting to the ASX today, the platform has also had an underlying group EBITDA of $102.4 million, up 45% on FY22, and underlying platform EBITDA of $85.1 million, up 37% on FY22. It also recorded a statutory ...

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... higher salaries due to inflation, and higher spend on contract staff as part of the transformation strategy. Additionally, EBITDA dropped by 55% to $29.4 million from $59.5 million in the prior corresponding period while revenues increased by 2% to $315 ...

Sequoia hires chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... results ahead of its official results later this month. It said revenues of about $130 million are expected, as well as EBITDA of $5.5 million and normalised of $9.9 million.

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... its boutique legal practice subsidiary. Sequoia said the acquisition of the Castle businesses is expected to boost the EBITDA of its professional services division by $800,000 per annum. It added the businesses were procured on an attractive PE multiple ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... portfolio will be invested with a very conservative approach to private debt, meaning leverage in the region of three times EBITDA, and interest coverage in the region of six times the cost of data and the loan to value in the region of 35-40%. Already ...