Netwealth Group Limited (ASX:NWL)

Netwealth Group Income Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating Revenue	279.59	249.53	211.49	172.86	141.98	121.35
Other Revenue	7.7	5.72	3.26	3.77	2.9	2.57
Revenue	287.29	255.25	214.75	176.63	144.88	123.91
Revenue Growth (YoY)	22.10%	18.86%	21.58%	21.92%	16.92%	25.45%
Cost of Revenue	97.96	90.27	77.89	63.84	50.5	41.58
Gross Profit	189.33	164.98	136.86	112.79	94.38	82.33
Selling, General & Admin	31.63	27.21	24.13	16.15	5.78	4.38
Other Operating Expenses	5.62	5.25	4.67	3.94	9.07	11.8
Operating Expenses	44.04	39.13	34.45	26.13	16.9	19.47
Operating Income	145.29	125.86	102.41	86.67	77.48	62.87
Interest Expense	-0.62	-0.57	-0.45	-0.5	-0.06	-0.12
Earnings From Equity Investments	-0.13	-0.27	-0.38	-0.39	-0.18	-
Other Non Operating Income (Expenses)	-5.53	-4.57	-4.57	-4.67	-	-
EBT Excluding Unusual Items	139.01	120.45	97.01	81.11	77.23	62.75
Pretax Income	139.01	120.45	97.01	81.11	77.23	62.75
Income Tax Expense	37.34	37.08	29.86	25.56	23.13	19.08
Earnings From Continuing Operations	101.67	83.37	67.15	55.55	54.1	43.66
Net Income	101.67	83.37	67.15	55.55	54.1	43.66
Net Income to Common	101.67	83.37	67.15	55.55	54.1	43.66
Net Income Growth	34.10%	24.15%	20.88%	2.68%	23.92%	27.31%
Shares Outstanding (Basic)	244	244	244	244	240	238
Shares Outstanding (Diluted)	245	244	244	244	240	238
Shares Change (YoY)	0.27%	0.08%	0.11%	1.61%	0.95%	0.00%
EPS (Basic)	0.42	0.34	0.28	0.23	0.23	0.18
EPS (Diluted)	0.42	0.34	0.27	0.23	0.23	0.18
EPS Growth	33.90%	24.00%	20.69%	1.05%	22.75%	27.31%
Free Cash Flow	98.6	89.13	78.52	58.47	37.22	58.5
Free Cash Flow Per Share	0.40	0.36	0.32	0.24	0.15	0.25
Dividend Per Share	0.315	0.280	0.240	0.200	0.186	0.147
Dividend Growth	16.67%	16.67%	20.00%	7.76%	26.26%	21.49%
Gross Margin	65.90%	64.63%	63.73%	63.86%	65.14%	66.44%
Operating Margin	50.57%	49.31%	47.69%	49.07%	53.48%	50.73%
Profit Margin	35.39%	32.66%	31.27%	31.45%	37.34%	35.24%
Free Cash Flow Margin	34.32%	34.92%	36.56%	33.10%	25.69%	47.21%
EBITDA	146.7	126.59	103.29	87.53	78.43	66.12
EBITDA Margin	51.06%	49.59%	48.10%	49.56%	54.13%	53.36%
D&A For EBITDA	1.41	0.74	0.88	0.87	0.95	3.26
EBIT	145.29	125.86	102.41	86.67	77.48	62.87
EBIT Margin	50.57%	49.31%	47.69%	49.07%	53.48%	50.73%
Effective Tax Rate	26.86%	30.78%	30.78%	31.51%	29.95%	30.41%
Revenue as Reported	287.29	255.25	214.75	176.63	144.88	123.91
Advertising Expenses	-	3.07	2.84	1.56	-	-

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.