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Prime Financial Group’s Strong H1 FY25 Growth Fueled by Strategic Acquisitions

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Prime Financial Group’s Strong H1 FY25 Growth Fueled by Strategic Acquisitions

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Prime Financial Group Limited ( (AU:PFG) ) just unveiled an update.

Prime Financial Group Ltd reported strong growth for the first half of fiscal year 2025, driven by a 25% increase in total revenue, primarily due to acquisitions in the Wealth and Business segments. The company successfully integrated Altor Capital and Equity Plan Management into its operations, significantly contributing to its earnings and positioning Prime as a leading player in its market segments. The company remains on track to meet its FY25 guidance, aiming for substantial revenue growth and continued expansion through strategic acquisitions, supported by a revised financing facility with Westpac.

More about Prime Financial Group Limited

Prime Financial Group Ltd is an Advice, Capital, and Asset Management Group, focusing on the ‘Business’ and ‘Wealth’ segments in the Australian market. It specializes in providing financial advice and management services, with an emphasis on founder-led businesses.

YTD Price Performance: 13.64%

Average Trading Volume: 86,591

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$61.31M

See more data about PFG stock on TipRanks’ Stock Analysis page.

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