Elanor Investors Group (ASX:ENN)
Australia · Delayed Price · Currency is AUD 0.8200
0.00 (0.00%)
Aug 22, 2024, 3:54 PM AEST
Elanor Investors Group Earnings Call Transcripts
Fiscal Year 2025
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FY 2024 results reflect significant asset write-downs and a reset of business values, but funds management income grew 13.5%. The Rockworth recapitalization and Thermos acquisition are central to stabilizing the balance sheet and supporting future growth.
Fiscal Year 2024
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Significant leadership changes and a shift to a capital-light model were announced, with asset divestments and debt reduction initiatives underway. Assets under management doubled year-on-year, and profitability metrics improved. Audited results are expected by 30 September 2024.