An announcement from Centrepoint Alliance Limited ( (AU:CAF) ) is now available.
Centrepoint Alliance Limited reported strong financial results for the first half of FY25, with a notable increase in normalised EBITDA and gross revenue, driven by the acquisition of Financial Advice Matters Group and organic growth in licensed fees. The company also launched the IconiQ Investment and Superannuation Platform, expanding its technological capabilities and platforms. Despite a tightening market for adviser recruitment, Centrepoint’s Licensee Services showed resilience with growth in authorised representatives and high adviser satisfaction, as indicated by an all-time high Net Promoter Score. The company’s strategic growth initiatives and operational integration are positioning it well for continued success in a dynamic market environment.
More about Centrepoint Alliance Limited
Centrepoint Alliance Limited (ASX: CAF) is a prominent provider of financial services in Australia, offering a comprehensive range of services to financial advice firms. Their operations are diversified across five main business lines: Licensee Services, Financial Advice, Investments, Platforms, and Lending. Centrepoint focuses on supporting both licenced and self-licenced advisers with licencing options, compliance, practice management, and technology solutions, as well as providing investment solutions and lending support.
YTD Price Performance: -2.94%
Average Trading Volume: 108,520
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$65.63M
For a thorough assessment of CAF stock, go to TipRanks’ Stock Analysis page.