Breakdown | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 639.91K | 348.53K | 2.09M | 2.79M | 2.56M |
Gross Profit | 639.91K | 348.53K | 2.09M | 2.75M | 2.56M |
EBITDA | -5.70M | -1.05M | 1.39M | 1.65M | 1.87M |
Net Income | -6.88M | -1.04M | 1.35M | 1.91M | 1.73M |
Balance Sheet | |||||
Total Assets | 6.33M | 6.86M | 6.00M | 4.46M | 6.77M |
Cash, Cash Equivalents and Short-Term Investments | 13.19K | 431.31K | 66.78K | 750.22K | 213.41K |
Total Debt | 180.52K | 381.10K | ― | ― | 0.00 |
Total Liabilities | 3.29M | 681.07K | 619.56K | 449.77K | 1.37M |
Stockholders Equity | 3.04M | 6.18M | 5.38M | 4.01M | 5.40M |
Cash Flow | |||||
Free Cash Flow | -1.66M | -996.58K | 1.16M | 1.30M | 2.38M |
Operating Cash Flow | -1.66M | -996.58K | 1.16M | 1.30M | 2.38M |
Investing Cash Flow | -1.76M | -2.34M | -1.36M | 551.37K | -2.20M |
Financing Cash Flow | 2.75M | 3.92M | -471.75K | -1.32M | -205.34K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
56 Neutral | 31.81M | -127.81 | -0.84% | 0.12% | 191.89% | 90.32% | |
52 Neutral | 23.98M | -0.29 | 110.05% | ― | -54.32% | -35.99% | |
49 Neutral | ― | >-0.01 | ― | ― | 2195.36% | -35.59% | |
42 Neutral | $43.33M | ― | -80.12% | ― | ― | ― | |
34 Underperform | 3.12M | -0.02 | ― | ― | 78.84% | 97.65% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
Prestige Wealth Inc. reported its financial results for the six months ended March 31, 2025, highlighting a significant net loss of $3.6 million compared to the previous year’s loss of $503,429. This financial downturn is attributed to increased operational costs following the acquisition of SPW Global Inc. and Wealth AI, which became wholly owned subsidiaries in November 2024. The acquisition is part of Prestige Wealth’s strategic expansion, potentially impacting its industry positioning by broadening its service offerings and geographical reach.
Prestige Wealth Inc. successfully completed a private placement on August 14, 2025, raising approximately US$7.5 million in gross proceeds. This financial maneuver involved the sale of Class A ordinary shares and warrants to purchase additional shares, potentially enhancing the company’s capital structure and market positioning.
On June 25, 2025, Prestige Wealth Inc. finalized a share purchase agreement to sell its wholly owned subsidiary, Prestige Assets International Inc., and its three subsidiaries to a third party. This strategic divestiture allows Prestige Wealth to concentrate on its core business of technology-driven wealth management, potentially enhancing its market positioning and operational focus.