Netwealth Group Limited (ASX:NWL)

Netwealth Group Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	354.57	316.41	249.53	211.49	172.86	141.98
Other Revenue	6.81	8.03	5.72	3.26	3.77	2.9
Revenue	361.38	324.44	255.25	214.75	176.63	144.88
Revenue Growth (YoY)	25.79%	27.11%	18.86%	21.58%	21.92%	16.92%
Cost of Revenue	121.6	108.63	90.27	77.89	63.84	50.5
Gross Profit	239.79	215.81	164.98	136.86	112.79	94.38
Selling, General & Admin	42.45	37.08	27.01	24.13	16.15	5.78
Amortization of Goodwill & Intangibles	4.15	2.68	0.92	0.64	0.37	0.12
Other Operating Expenses	9.04	7.28	5.45	4.67	3.94	9.07
Operating Expenses	60.85	51.89	39.13	34.45	26.13	16.9
Operating Income	178.93	163.92	125.86	102.41	86.67	77.48
Interest Expense	-0.56	-0.6	-0.57	-0.45	-0.5	-0.06
Earnings From Equity Investments	-	-0.01	-0.27	-0.38	-0.39	-0.18
Other Non Operating Income (Expenses)	-107.28	-6.2	-4.57	-4.57	-4.67	-
EBT Excluding Unusual Items	71.09	157.11	120.45	97.01	81.11	77.23
Other Unusual Items	1.45	-	-	-	-	-
Pretax Income	72.54	157.11	120.45	97.01	81.11	77.23
Income Tax Expense	15.78	40.59	37.08	29.86	25.56	23.13
Earnings From Continuing Operations	56.76	116.52	83.37	67.15	55.55	54.1
Net Income	56.76	116.52	83.37	67.15	55.55	54.1
Net Income to Common	56.76	116.52	83.37	67.15	55.55	54.1
Net Income Growth	-44.17%	39.76%	24.15%	20.88%	2.68%	23.92%
Shares Outstanding (Basic)	245	245	244	244	244	240
Shares Outstanding (Diluted)	246	245	244	244	244	240
Shares Change (YoY)	0.38%	0.47%	0.08%	0.11%	1.61%	0.95%
EPS (Basic)	0.23	0.48	0.34	0.28	0.23	0.23
EPS (Diluted)	0.23	0.47	0.34	0.27	0.23	0.23
EPS Growth	-44.38%	39.30%	24.00%	20.69%	1.05%	22.75%
Free Cash Flow	139.62	125.23	89.13	78.52	58.47	37.22
Free Cash Flow Per Share	0.57	0.51	0.36	0.32	0.24	0.15
Dividend Per Share	0.420	0.385	0.280	0.240	0.200	0.186
Dividend Growth	33.33%	37.50%	16.67%	20.00%	7.76%	26.26%
Gross Margin	66.35%	66.52%	64.63%	63.73%	63.86%	65.14%
Operating Margin	49.51%	50.52%	49.31%	47.69%	49.07%	53.48%
Profit Margin	15.71%	35.91%	32.66%	31.27%	31.45%	37.34%
Free Cash Flow Margin	38.63%	38.60%	34.92%	36.56%	33.10%	25.69%
EBITDA	178.12	164.87	126.59	103.29	87.53	78.43
EBITDA Margin	49.29%	50.82%	49.59%	48.10%	49.56%	54.13%
D&A For EBITDA	-0.81	0.96	0.74	0.88	0.87	0.95
EBIT	178.93	163.92	125.86	102.41	86.67	77.48
EBIT Margin	49.51%	50.52%	49.31%	47.69%	49.07%	53.48%
Effective Tax Rate	21.75%	25.83%	30.78%	30.78%	31.51%	29.95%
Revenue as Reported	362.83	324.44	255.25	214.75	176.63	144.88
Advertising Expenses	-	3.75	3.07	2.84	1.56	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.