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Sequoia Financial Group Ltd. ( (AU:SEQ) ) has issued an announcement.
Sequoia Financial Group Ltd has reported a 15% increase in EBITDA year-to-date November, despite challenging conditions in its Licensee and Adviser Services Division. The company has settled a legacy claim related to its acquisition of Libertas Financial Planning and is implementing enhanced risk management measures. Sequoia anticipates recognizing several non-cash impairments and provisions in the first half of FY26, including those related to external investment products and intangible assets. The sale of its General Insurance business will also result in a non-cash impairment, with final payments expected to be below the maximum consideration. The company’s APAC expansion strategy is showing promise, particularly in corporate finance and salary advice, positioning it for long-term growth despite domestic challenges.
The most recent analyst rating on (AU:SEQ) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Sequoia Financial Group Ltd. stock, see the AU:SEQ Stock Forecast page.
More about Sequoia Financial Group Ltd.
Sequoia Financial Group Ltd operates in the financial services industry, offering a range of services including legal and administration services, licensee and adviser services, and corporate finance. The company focuses on leveraging technology to enhance its service offerings and has a strategic emphasis on expanding its presence in the Asia-Pacific region.
Average Trading Volume: 323,203
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$34.94M
Learn more about SEQ stock on TipRanks’ Stock Analysis page.