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Showing 81 - 90 of 263 results for "NPAT"

HUB24 grows FUA to $73bn

ANDREW MCKEAN | TUESDAY, 21 FEB 2023

... administration and reporting services (PARS) decreased to $17.2 billion at 31 December 2022. Underlying net profit after tax (NPAT) grew 87% to $26.6 million and underlying EBITDA was $49.9 million, up 68% on 1H22. Statutory NPAT was $15.5 million, an ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON | THURSDAY, 16 FEB 2023

AMP is set to pay a dividend of 2.5c per share after reporting a statutory net profit after tax (NPAT) of $387 million, its first since the Royal Commission came to an end. It marks a significant turnaround for the wealth giant, having last year reported ...

Challenger reports strong results

ANDREW MCKEAN | TUESDAY, 14 FEB 2023

... million, with the higher earnings driven by strong book growth from the Life business. However, statutory net profit after tax (NPAT) of $123 million was down 56%. Challenger's assets under management (AUM) were $99 billion, up 1% in the half, but down ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA | MONDAY, 13 FEB 2023

... capture the ESG segment. The group's underlying net profit after tax dipped 9% to $7 million year on year, while statutory NPAT dropped 17% to $5.5 million. The ASX-listed firm now has 181 staff in total, with four new offices opening in South Australia ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI | TUESDAY, 7 FEB 2023

... to varied market conditions and diversity in its activities. Reporting to the ASIX, the group said net profit after tax (NPAT) for the three months to 31 December 2022 (3Q23) was "slightly" up on the same nine months a year earlier, a period it said ...

AMP warns $68m impairment expected

CASSANDRA BALDINI | WEDNESDAY, 25 JAN 2023

... impairments will result in a reduction in statutory profit, AMP said it won't impact it underlying net profit under tax (NPAT), which remains its "preferred measure of profitability." "AMP remains focused on continuing to build a robust balance sheet. ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN | WEDNESDAY, 2 NOV 2022

... has traded strongly and to expectation. Based on its year-to-date performance, the insurer is on track to grow underlying NPAT in FY23 in the range of $28.5 million to $30 million. "The business environment of the overall life insurance industry continues ...

Acquisitions underpin WT Financial Group results

CASSANDRA BALDINI | TUESDAY, 27 SEP 2022

... guiding at $7 million plus EBITDA for this year and a net profit before tax of about $5 million and net profit after tax (NPAT) about $4 million plus," he said. "There's been a lot of challenges over the past few years, but the demand for advice ...

Link Group acquires HS Pensions

ANDREW MCKEAN | TUESDAY, 30 AUG 2022

... wider pensions industry." Meanwhile, today, Link Group posted its FY22 results, recording a statutory net profit after tax (NPAT) loss of $67.6 million. Though this is an improvement on last year's $162.7 million loss. Year on year, the group's revenue ...

HUB24 delivers record profit, growth

ANDREW MCKEAN | TUESDAY, 23 AUG 2022

HUB24 reported underlying NPAT of $35.9 million, up 133% from the year prior. Releasing results today, it also had an underlying group EBITDA of $70.4 million (up 92% on FY21) and an underlying platform EBITDA of $62.3 million (up 64% on FY21). HUB24 ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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