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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 $83.4m vs UBSe $88.1m (Cons $85.6m); (2) Total revenue +18.9% to $255.2m vs UBSe $260.4m (Cons $258.4m); (3) EBITDA $124.7m vs UBSe $129.8m (Cons. $127.2m); (4) Underlying EPS 33.8cps vs UBSe 36.1cps (Cons. 35.0cps); (5) Final DPS 14.0cps ...