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The latest update is out from Platinum Asset Management Ltd ( (AU:L1G) ).
L1 Group Limited held its 2025 Annual General Meeting, highlighting a transformative year marked by its merger with L1 Capital. The company reported a significant decrease in funds under management and total fee revenue for the year ending June 30, 2025. Despite these declines, L1 Group achieved substantial cost savings through aggressive cost reduction and product rationalization strategies, maintaining a healthy adjusted EBIT margin. This positions the company well for potential future growth opportunities.
The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.
More about Platinum Asset Management Ltd
L1 Group Limited, formed from the merger of Platinum Asset Management and L1 Capital, operates in the financial services industry. The company focuses on investment management, offering a range of financial products and services aimed at optimizing investment strategies and reducing operational costs.
YTD Price Performance: 56.25%
Average Trading Volume: 3,712,650
Technical Sentiment Signal: Buy
Current Market Cap: A$2.64B
Find detailed analytics on L1G stock on TipRanks’ Stock Analysis page.