Australian Wealth Advisors Group Ltd. (AU:WAG) has released an update.
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Australian Wealth Advisors Group Ltd. (AWAG) has announced a successful oversubscribed IPO, raising $5 million, and initiating trading on the ASX. The firm reported a strong underlying profit of $564k for FY 2024, a substantial increase from the previous year, alongside the establishment of innovative financial services including an Equity Partnership Scheme and a Succession Fund. These strategic moves are designed to fuel AWAG’s growth and cater to the evolving needs of the financial services industry.
For further insights into AU:WAG stock, check out TipRanks’ Stock Analysis page.
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