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Generation Development Group Limited ( (AU:GDG) ) has shared an update.
Generation Development Group Limited reported a substantial financial performance for the fiscal year ending June 2025, with a 170% increase in underlying net profit after tax to $30.2 million. The company’s revenue surged by 191% to $141.3 million, driven by strong growth in funds under management and strategic acquisitions, including Lonsec and Evidentia. The company also formed a strategic alliance with BlackRock to develop a new Holistic Retirement Solution. GDG’s outlook remains positive, with expectations of continued sales momentum in investment bonds and managed accounts, supported by legislative changes and strategic partnerships.
The most recent analyst rating on (AU:GDG) stock is a Hold with a A$6.08 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.
More about Generation Development Group Limited
Generation Development Group Limited operates in the financial services industry, focusing on investment bonds and managed accounts. The company has a significant market presence with a 57% market share in investment bond sales and manages substantial funds through its acquisitions, including Lonsec and Evidentia.
Average Trading Volume: 1,544,104
Technical Sentiment Signal: Buy
Current Market Cap: A$2.47B
Learn more about GDG stock on TipRanks’ Stock Analysis page.