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

Search Results

Showing 861 - 870 of 3401 results for "Revenue"

HUB24 lifts inflows, profit flat

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
... jumped 24% to $3.1 billion on the 12 months prior while funds under management (FUA) grew 39% to $22 billion and segment revenue grew 25% to $43.8 million. HUB24's statutory profit rose to just $6.1 million from $6 million however, revenue increased ...

CountPlus profit down 53%

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
... $27.6 million. Count Financial recorded a 74% jump in EBITDA to $1.6 million however, due to the end of grandfathered revenue, the group expects earnings in the second half to be negatively impacted. In a letter to shareholders, CountPlus chief executive ...

Wealth group makes acquisition

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... retention payment due in two years and worth $1.2 million. It is expected to contribute up to $3 million in annual recurring revenue and is expected to be completed by 1 April 2021. Kelly Partners Central Coast will acquire the full fee base from the ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
Netwealth's revenue from its cash transaction accounts could fall in the next year as the risk of ANZ Bank renegotiating the rate rises, according to Macquarie. Netwealth had $38.8 billion in total funds under advice at December end. Of this, about ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
... required to meet the Paris climate goals leaves Woodside exposed to rapidly shrinking markets. In 2020, Woodside's sales revenue mix was made up of LNG (75%), domestic gas (5%) and liquids (20%)," Market Forces said.

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... taken into account after releasing its December 2020 half-year results this morning. The group reported an 18% jump in revenue of $31.5 million compared to the prior corresponding period, but ultimately made a loss of $256,333. Funds under administration ...

BetaShares launches climate ETF

ANNABELLE DICKSON  |  FRIDAY, 19 FEB 2021
The exchange-traded fund (ETF) provider has announced it is set to launch a fund that will provide exposure to companies focused on climate and environmental challenges. The BetaShares Climate Change Innovation ETF (ERTH) will track an index that will ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... total remuneration from Crown to $2.5 million a year. The company also released its half year results today. Statutory revenue was down 62.1% to $581 million, NPAT down 155.4% with a reported loss of $120 million and EBITDA down 99% to $4.4 million. ...

Iress names chair, profit slides

ANNABELLE DICKSON  |  THURSDAY, 18 FEB 2021
... in the years ahead," he said. In addition, Iress reported a 9% drop in statutory profit to $59.1 million with recurring revenue increasing by 8% and accounting for 90% of total revenue at $542.6 million in its full-year results. Segment profit, which ...

ANZ posts 54% profit rise

ELIZA BAVIN  |  THURSDAY, 18 FEB 2021
... for shareholders with a strong contribution from its international network. "Markets had another solid quarter although revenue was down relative to the historic highs we experienced at the end of last year," he said. "Margins were up across the group ...