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Regal Partners Reports Strong 2024 Financial Results with Significant Growth in Funds Under Management

Story Highlights
  • Regal Partners Limited’s funds under management grew to $18.0 billion, up 64% from 2023.
  • The company reported a normalized net profit of $97.5 million, a 198% increase, driven by diversified strategies.
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Regal Partners Reports Strong 2024 Financial Results with Significant Growth in Funds Under Management

Confident Investing Starts Here:

An update from VGI Partners Ltd. ( (AU:RPL) ) is now available.

Regal Partners Limited reported a significant increase in its financial performance for the year ended 31 December 2024, with funds under management reaching $18.0 billion, a 64% increase from the previous year. The company achieved a net profit after tax of $66.2 million, with a normalized net profit of $97.5 million, marking a 198% increase. The company’s strong performance was driven by diversified investment strategies and successful acquisitions, positioning it as a leading provider of alternative investment solutions in Australia and Asia. The firm also declared a fully franked dividend of 10 cents per share, reflecting robust cash generation and a strong balance sheet.

More about VGI Partners Ltd.

Regal Partners Limited is a specialist alternative investment manager, focusing on providing diversified investment solutions. The company operates in the financial services industry, offering a range of investment strategies and asset classes, with a market focus on both domestic and large offshore institutional investors.

YTD Price Performance: -3.47%

Average Trading Volume: 361,194

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.22B

For a thorough assessment of RPL stock, go to TipRanks’ Stock Analysis page.

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