tiprankstipranks
Advertisement
Advertisement

Netwealth Group’s Strong FY2024 Financial Growth

Netwealth Group’s Strong FY2024 Financial Growth

Netwealth Group Ltd. (AU:NWL) has released an update.

Claim 30% Off TipRanks

Netwealth Group Ltd. reports a robust financial performance for FY2024, showcasing a significant 24.1% increase in Statutory Net Profit After Tax (NPAT) to $83.4 million, alongside a considerable growth in total income by 18.9% to $255.2 million. The company also announced a healthy EBITDA rise of 23.8% to $124.7 million, with an improved EBITDA margin of 48.8%, and rewarded shareholders with a 16.7% increase in total dividend per share to 28 cents.

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1