Top Page
SelfWealth Ltd.
(Sydney:SWF)
SelfWealth Ltd. (SWF) vs. iShares MSCI Australia ETF (EWA)
SelfWealth Ltd. Business Overview & Revenue Model
SelfWealth Ltd. Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 28.13M | 27.56M | 29.36M | 20.26M | 18.36M | 7.82M | Gross Profit |
| 19.87M | 19.43M | 20.25M | 9.59M | 7.48M | 2.50M | EBIT |
| 1.74M | 2.94M | 2.79M | -6.27M | -886.72K | -3.42M | EBITDA |
| 2.99M | 0.00 | 1.38M | -5.79M | -523.79K | -3.14M | Net Income Common Stockholders |
| 2.19M | 3.42M | 92.43K | -6.26M | -646.70K | -3.04M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 10.12M | 11.40M | 12.40M | 11.48M | 7.53M | 5.26M | Total Assets |
| 358.11M | 398.53M | 14.80M | 16.85M | 8.55M | 5.85M | Total Debt |
| 0.00 | 147.55K | 472.18K | 759.23K | 47.34K | 152.99K | Net Debt |
| -10.12M | -11.26M | -11.93M | -10.72M | -7.48M | -5.11M | Total Liabilities |
| 344.06M | 384.72M | 3.70M | 5.84M | 2.83M | 2.01M | Stockholders Equity |
| 14.05M | 13.80M | 11.09M | 11.01M | 5.71M | 3.85M |
| Cash Flow | Free Cash Flow | ||||
| 1.05M | -229.32K | 783.85K | -7.14M | 532.71K | -166.39K | Operating Cash Flow |
| 2.62M | 2.64M | 2.53M | -3.65M | 1.11M | -146.90K | Investing Cash Flow |
| -3.76M | -2.87M | -1.34M | -3.43M | -575.35K | -19.49K | Financing Cash Flow |
| -775.86K | -768.27K | -259.95K | 11.03M | 1.73M | 2.89M |
SelfWealth Ltd. Technical Analysis
SelfWealth Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | AU$398.06M | 9.53 | 20.66% | 7.00% | 0.18% | 176.90% | |
76 Outperform | €6.60B | 112.41 | 11.42% | 0.58% | 22.81% | 32.47% | |
68 Neutral | AU$341.57M | 32.95 | 9.89% | 2.80% | 23.52% | 7.96% | |
65 Neutral | AU$2.65B | 84.38 | -7.85% | ― | 23.06% | 58.45% | |
64 Neutral | $12.66B | 9.79 | 7.67% | 17015.07% | 12.23% | -6.06% | |
63 Neutral | $64.08M | 29.47 | 16.56% | ― | -1.10% | 36.23% | |
38 Underperform | AU$55.09M | ― | -131.93% | ― | 15.31% | 61.52% |
SelfWealth Ltd. Corporate Events
Harvest Lane Asset Management and its associated entities have ceased to be substantial holders in an unnamed company as of May 1, 2025. This change involves the sale of 36,041,067 ordinary shares at $0.28 per share under a scheme of arrangement, impacting the company’s shareholder structure and potentially its market dynamics.
SelfWealth Limited, a company listed on the Australian Securities Exchange, has announced the suspension of its securities from quotation. This follows the approval of a scheme of arrangement by the Federal Court of Australia, allowing Svava Pte Ltd, the holding company of the Syfe Group, to acquire all remaining shares in SelfWealth Limited that it does not already own.
SelfWealth Ltd has announced that the Federal Court of Australia has approved its acquisition by Svava Pte Ltd, the holding company of the Syfe Group. As a result, SelfWealth shares will be suspended from trading on the ASX, and shareholders will receive the scheme consideration on the implementation date. This acquisition marks a significant transition for SelfWealth, potentially enhancing its market position and operational capabilities under the Syfe Group’s ownership.
SelfWealth Ltd has announced that the Federal Court of Australia has approved a scheme of arrangement for the company to be acquired by Svava Pte Ltd, the holding company of the Syfe Group. This acquisition will result in SelfWealth shares being suspended from trading on the ASX, with shareholders receiving $0.28 cash per share. The acquisition marks a significant shift in SelfWealth’s operations, potentially enhancing its market position under the Syfe Group’s ownership.
SelfWealth Ltd announced that its shareholders have overwhelmingly voted in favor of a proposed acquisition by Svava Pte Ltd, the holding company of the Syfe Group, through a scheme of arrangement. The resolution was approved with 88.46% of shareholders present and 99.70% of votes cast in favor. The next step involves seeking approval from the Federal Court of Australia, with the scheme expected to become effective following court approval and subsequent lodging with the Australian Securities and Investments Commission. Shareholders will receive $0.28 cash per share if the scheme is implemented.
SelfWealth Ltd has announced a Scheme Meeting to discuss the proposed acquisition by Svava Pte Ltd, the holding company of the Syfe Group, through a scheme of arrangement. The meeting aims to secure shareholder agreement for the scheme, with the voting results to be announced shortly after. This acquisition could significantly impact SelfWealth’s operations and market positioning, potentially enhancing its service offerings and expanding its reach within the financial services sector.
SelfWealth Ltd has announced a second court hearing regarding its proposed acquisition by Svava Pte Ltd, the holding company of the Syfe Group. The hearing, contingent on shareholder approval, is scheduled for April 28, 2025, in Melbourne. Shareholders have the right to appear and voice opposition at the hearing. This acquisition could significantly impact SelfWealth’s operations and market positioning, potentially enhancing its service offerings and expanding its reach within the financial services industry.
SelfWealth Ltd has announced a change in the address of its share registry, effective from April 14, 2025. The registry will be moved to MUFG Corporate Markets (AU) Limited in Sydney, while contact details remain unchanged. This relocation is part of the company’s operational updates and is expected to streamline its administrative processes, potentially impacting stakeholders by improving service efficiency.
SelfWealth Ltd. has announced a change in the interests of its substantial holder, Harvest Lane Asset Management Pty Ltd. The change involves the number of ordinary shares held by the substantial holder, which has implications for the company’s voting power structure. This adjustment in shareholding may affect the company’s strategic decisions and influence within the market.
SelfWealth Ltd has announced the dispatch of a Scheme Booklet related to its proposed acquisition by Svava Pte Ltd, the holding company of the Syfe Group, through a scheme of arrangement. The Federal Court of Australia has approved the convening of a Scheme Meeting, where shareholders will vote on the acquisition proposal. This acquisition, if approved, could significantly impact SelfWealth’s operations by integrating it into the Syfe Group, potentially enhancing its market positioning and offering new opportunities for stakeholders.
SelfWealth Ltd has announced that the Scheme Booklet for its proposed acquisition by Svava Pte Ltd, the holding company of the Syfe Group, has been registered with the Australian Securities and Investments Commission. The SelfWealth Board recommends shareholders vote in favor of the scheme, which is deemed to be in the best interests of shareholders by an Independent Expert, provided no superior proposal emerges.
SelfWealth Ltd has received court approval to convene a meeting of its shareholders to vote on a proposed acquisition by Syfe Group through a scheme of arrangement. The Scheme Booklet, which includes an independent expert’s report, will be distributed to shareholders, providing them with necessary information to make an informed decision. The meeting is scheduled for April 22, 2025, and all eligible shareholders are encouraged to participate either in person or by proxy.
SelfWealth Ltd. has announced a change in the interests of a substantial holder, Harvest Lane Asset Management Pty Ltd, which now holds a significant percentage of the company’s ordinary shares. This change in shareholding could influence the company’s market dynamics and stakeholder interests, as it reflects a shift in the ownership structure.
Bell Financial Group Ltd. has decided not to make a counterproposal to acquire SelfWealth Ltd., following a comprehensive due diligence process that valued SelfWealth at $0.25 per share. This decision was influenced by Bell’s assessment of market conditions, including an anticipated lower interest rate cycle, and reflects their commitment to disciplined capital allocation. Bell remains focused on pursuing opportunities that align with their growth strategy, ensuring value for shareholders.
SelfWealth Ltd has received a binding acquisition proposal from Svava Pte Ltd, offering $0.28 cash per share, which is a 12% premium over a previous offer by Bell Financial Group. This development has led SelfWealth to engage in a matching right process with Bell, giving them until 26 February 2025 to present a counterproposal. The outcome of these negotiations could significantly impact SelfWealth’s shareholder value and strategic direction.
SelfWealth Ltd has announced the registration of the Scheme Booklet by the Australian Securities and Investments Commission regarding Bell Financial Group’s proposal to acquire SelfWealth at $0.25 per share or an alternative in Bell shares. Another competing proposal from Svava Pte Ltd offers $0.28 per share but remains non-binding and indicative. SelfWealth is actively engaging with Svava while keeping its shareholders informed about the developments, particularly concerning the Bell scheme.
SelfWealth Ltd. has provided an update regarding two competing proposals for its acquisition. The first is from Bell Financial Group, offering $0.25 cash per share with an alternative option for Bell shares, while the second is a non-binding indicative proposal from Svava Pte Ltd, offering $0.28 cash per share. The Svava proposal remains non-binding, and SelfWealth must follow a matching rights process outlined in its agreement with Bell before accepting any alternative offers. Meanwhile, SelfWealth is progressing with the statutory process for the proposed scheme with Bell, including a shareholder meeting scheduled for March 2025 to consider the proposal. Shareholders will receive detailed information in a Scheme Booklet, and SelfWealth will provide further updates as necessary.
SelfWealth Ltd. has announced the quotation of 183,142 new ordinary fully paid securities on the Australian Securities Exchange (ASX), under the code SWF. This move follows the conversion of options or other convertible securities, reflecting the company’s strategic efforts to enhance its market presence and offer value to its stakeholders.
Harvest Lane Asset Management and its associated entities have reported a change in their substantial holding of SelfWealth Ltd. shares, increasing their voting power to 9.06% based on 230,731,709 shares on issue. This change in holdings could impact SelfWealth Ltd.’s market dynamics, as the increased influence from a significant stakeholder like Harvest Lane Asset Management may affect strategic decisions and investor confidence.
Harvest Lane Asset Management Pty Ltd has become a substantial holder in SelfWealth Ltd, acquiring a relevant interest in 11,602,911 ordinary shares, representing a 5.03% voting power. This development may impact SelfWealth Ltd’s market positioning as it signifies a significant investment from a notable asset management firm, potentially influencing stakeholders’ perceptions and future strategic decisions.