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MA Financial Group Reports Strong FY24 Performance with Record Fund Inflows

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MA Financial Group Reports Strong FY24 Performance with Record Fund Inflows

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The latest update is out from MA Financial Group Limited ( (AU:MAF) ).

MA Financial Group reported strong financial growth for FY24, with a significant increase in assets under management and loan volumes, driven by record fund inflows and improved market conditions. The company’s strategic investments in scaling its MA Money division and private credit business are yielding positive results, contributing to an increase in underlying earnings per share and setting the stage for continued growth in FY25.

More about MA Financial Group Limited

MA Financial Group Limited operates in the financial services industry, offering a range of products and services including asset management, corporate advisory, and financial technology solutions. The company focuses on expanding its market presence through initiatives like private credit funds and loan services, positioning itself as a significant player in the financial sector.

YTD Price Performance: 26.31%

Average Trading Volume: 218,020

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.34B

For an in-depth examination of MAF stock, go to TipRanks’ Stock Analysis page.

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