WT Financial Group Announces Strong FY2024 Growth

WT Financial Group Ltd. (AU:WTL) has released an update.

WT Financial Group Ltd. reports a significant financial upturn, with a 51.4% increase in underlying net profit before tax to $4.4M and a 15.3% jump in revenue to $185.1M for FY2024. The firm’s solid operating cash flow has enabled a 50% rise in year-end cash reserves, allowing for the reinstatement of biannual dividends. These strong results mark the fourth consecutive year of growth for the company.

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