Centrepoint Alliance Forecasts Strong FY24 Earnings

Centrepoint Alliance Limited (AU:CAF) has released an update.

Centrepoint Alliance Limited reports a strong financial performance, forecasting FY24 EBITDA at the upper range of its previous guidance, between $8.75m and $9m, thanks to growth in licensee services revenue, efficient expense management, and successful integration of Financial Advice Matters Group. The company leads in financial adviser recruitment, countering the trend of net losses seen in other top licensee firms, and is progressing with the launch of its own investment platform ‘IconiQ’ expected in early FY25.

For further insights into AU:CAF stock, check out TipRanks’ Stock Analysis page.