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Netwealth Group Limited(NWL.AU)UBS Snapshot: FY24 Result
UBS·2024-08-13 04:05

ab 13 August 2024 Global Research and Evidence Lab First Read Netwealth Group Limited UBS Snapshot: FY24 Result ONE LINER Earnings and div miss due to revenue margins. FY25 guidance is for flows to remain strong but cost growth to accelerate. KEY NUMBERS (1) Reported NPAT 83.4mvsUBSe83.4m vs UBSe 88.1m (Cons 85.6m);(2)Totalrevenue+18.985.6m); (2) Total revenue +18.9% to 255.2m vs UBSe 260.4m(Cons260.4m (Cons 258.4m); (3) EBITDA 124.7mvsUBSe124.7m vs UBSe 129.8m (Cons. $127.2m); (4) Underlying EPS 33.8cps vs UBSe 36.1cps (Cons. 35.0cps); (5) Final DPS 14.0cps ...