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Generation Development Group Limited
(Sydney:GDG)
Generation Development Group Limited (GDG) vs. iShares MSCI Australia ETF (EWA)
Generation Development Group Limited Business Overview & Revenue Model
Generation Development Group Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 465.90M | 329.32M | 58.91M | 92.85M | 113.03M | 57.04M | Gross Profit |
| 455.81M | 329.32M | 49.23M | 84.18M | 106.69M | 51.87M | EBIT |
| 505.26M | 287.08M | 199.33M | -211.71M | 241.67M | -48.29M | EBITDA |
| 400.59M | 282.13M | 199.96M | -210.40M | 242.50M | -47.48M | Net Income Common Stockholders |
| 80.34M | 5.84M | 4.50M | 1.90M | 2.53M | -1.64M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 105.32M | 259.83M | 2.65B | 2.09B | 1.82B | 1.28B | Total Assets |
| 4.47B | 3.65B | 2.74B | 2.25B | 1.91B | 1.33B | Total Debt |
| 16.89M | 3.46M | 3.81M | 4.24M | 4.79M | 488.00K | Net Debt |
| -88.44M | -256.37M | -89.85M | -85.20M | -90.34M | -61.61M | Total Liabilities |
| 4.12B | 3.44B | 2.69B | 2.19B | 1.86B | 1.31B | Stockholders Equity |
| 346.12M | 211.38M | 59.05M | 57.35M | 51.45M | 17.37M |
| Cash Flow | Free Cash Flow | ||||
| 4.41M | 19.88M | 10.79M | 3.13M | 23.43M | 36.84M | Operating Cash Flow |
| 4.61M | 20.03M | 11.21M | 5.01M | 24.42M | 37.47M | Investing Cash Flow |
| -134.61M | 4.38M | -2.75M | -6.85M | -21.57M | 3.85M | Financing Cash Flow |
| 138.69M | 145.55M | -4.25M | -3.86M | 30.19M | -3.20M |
Generation Development Group Limited Technical Analysis
Generation Development Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | €2.18B | 20.33 | 40.11% | 0.38% | 179.91% | 628.61% | |
61 Neutral | $2.82B | 10.77 | 0.50% | 8439.01% | 5.72% | -20.80% | |
| $2.07B | 17.34 | 4.84% | 2.45% | ― | ― | ||
| $1.47B | ― | -7.21% | 2.37% | ― | ― | ||
| €803.34M | 5.85 | 23.27% | 8.19% | ― | ― | ||
| $14.49B | 14.03 | 9.52% | 5.46% | ― | ― | ||
66 Neutral | AU$700.03M | 13.57 | 7.25% | 5.37% | 14.46% | -6.87% |
Generation Development Group Limited Corporate Events
Generation Development Group Limited has issued 6,024,096 fully paid ordinary shares, as previously announced on 8 May 2025. This issuance was conducted without the need for disclosure under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant legal provisions, ensuring transparency and adherence to regulatory standards.
The most recent analyst rating on (AU:GDG) stock is a Buy with a A$2.90 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.
Generation Development Group Limited has announced the quotation of 6,024,096 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of May 14, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing stakeholders with increased investment opportunities.
The most recent analyst rating on (AU:GDG) stock is a Buy with a A$2.90 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.
Generation Development Group Limited’s subsidiary, Generation Life, has formed a strategic alliance with BlackRock to create and distribute Holistic Retirement Solutions for Australian retirees. This collaboration aims to provide sustainable income streams with longevity protection, enhancing GDG’s market leadership in retirement solutions. BlackRock will acquire a $25 million minority stake in GDG to support the development of these new solutions, marking a significant milestone in GDG’s growth strategy.
Generation Development Group Limited has announced a proposed issue of 6,024,096 ordinary fully paid securities, scheduled for May 14, 2025. This strategic move is expected to enhance the company’s capital base, potentially strengthening its market position and providing additional resources for future growth initiatives.
Generation Development Group reported strong performance in the March quarter, driven by strategic acquisitions and robust financial growth across its business segments. The acquisition of Evidentia Group has positioned GDG as a market leader in managed accounts, with significant increases in funds under management and net inflows. Generation Life achieved record inflows in the investment bonds market, while Lonsec Research and Ratings saw substantial revenue growth. The company has been recognized as a fast-growing brand, recently joining the ASX 200, reflecting its sustained growth and strategic execution.
Generation Development Group Limited announced the successful ratification of two resolutions during its Extraordinary General Meeting. The resolutions involved the prior issuance of Placement Shares and Consideration Shares, both of which were carried with overwhelming support. This outcome reflects strong shareholder backing and may positively impact the company’s strategic initiatives and market positioning.
Generation Development Group held an Extraordinary General Meeting chaired by Christine Christian AO, an Independent Non-Executive Director. The meeting included an online question submission process, allowing attendees to engage directly with the company, potentially enhancing stakeholder communication and involvement.
Generation Development Group Limited announced its acquisition of Evidentia Group Holdings Pty Ltd, a strategic move to enhance its position in the managed accounts market. This acquisition is expected to create a more robust and scalable offering by combining Evidentia’s tailored solutions and expertise with Lonsec’s comprehensive investment services, ultimately benefiting financial advisers and their clients with improved insights and integrated service experiences.
Generation Development Group Limited has announced changes regarding substantial holders and their relevant interests, as per the Corporations Act 2001. This announcement may impact the company’s operations by clarifying the structure and control of voting powers and securities, potentially affecting stakeholders’ interests and the company’s market positioning.
Generation Development Group Limited has announced the allocation price for its Dividend Reinvestment Plan (DRP) shares at $4.84 for the FY25 interim dividend. The price is determined based on the average market price of GDG shares over five trading days in March 2025. This announcement indicates a stable approach to shareholder returns, with 31,306 shares set to be allotted to participating shareholders, potentially impacting the company’s market positioning and shareholder engagement.
Generation Development Group Limited has announced an Extraordinary General Meeting (EGM) to be held on April 23, 2025, in Melbourne and online. The meeting will address the ratification of previously issued shares, including 27,566,606 Placement Shares and 18,004,826 Consideration Shares, as part of the company’s strategic financial maneuvers. This meeting is significant for stakeholders as it could influence the company’s capital structure and market positioning.
Generation Development Group Limited announced a change in the director’s interest, specifically regarding Robert Neil Coombe, who has acquired additional shares through the company’s pro rata accelerated non-renounceable entitlement offer. This acquisition reflects the company’s ongoing efforts to strengthen its financial position and may impact its market standing by potentially increasing investor confidence.
Generation Development Group Limited has announced the quotation of 13,199,457 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of March 6, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting its operational dynamics and offering new opportunities for stakeholders.
Generation Development Group Limited has successfully completed the retail component of its equity raising, generating approximately $54.8 million. The funds will support the acquisition of Evidentia Group Holdings Pty Ltd and other growth initiatives. The retail offer was oversubscribed, with a participation rate of 120.1%, leading to a scale-back of applications under the Top-Up Facility. The new shares will be issued and commence trading in early March 2025.