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	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating Revenue	249.53	249.53	211.49	172.86	141.98	121.35
Other Revenue	5.72	5.72	3.26	3.77	2.9	2.57
Revenue	255.25	255.25	214.75	176.63	144.88	123.91
Revenue Growth (YoY)	18.86%	18.86%	21.58%	21.92%	16.92%	25.45%
Cost of Revenue	90.27	90.27	77.89	63.84	50.5	41.58
Gross Profit	164.98	164.98	136.86	112.79	94.38	82.33
Selling, General & Admin	27.21	27.21	24.13	16.15	5.78	4.38
Other Operating Expenses	5.25	5.25	4.67	3.94	9.07	11.8
Operating Expenses	39.13	39.13	34.45	26.13	16.9	19.47
Operating Income	125.86	125.86	102.41	86.67	77.48	62.87
Interest Expense	-0.57	-0.57	-0.45	-0.5	-0.06	-0.12
Earnings From Equity Investments	-0.27	-0.27	-0.38	-0.39	-0.18	-
Other Non Operating Income (Expenses)	-4.57	-4.57	-4.57	-4.67	-	-
EBT Excluding Unusual Items	120.45	120.45	97.01	81.11	77.23	62.75
Pretax Income	120.45	120.45	97.01	81.11	77.23	62.75
Income Tax Expense	37.08	37.08	29.86	25.56	23.13	19.08
Earnings From Continuing Operations	83.37	83.37	67.15	55.55	54.1	43.66
Net Income	83.37	83.37	67.15	55.55	54.1	43.66
Net Income to Common	83.37	83.37	67.15	55.55	54.1	43.66
Net Income Growth	24.15%	24.15%	20.88%	2.68%	23.92%	27.31%
Shares Outstanding (Basic)	244	244	244	244	240	238
Shares Outstanding (Diluted)	244	244	244	244	240	238
Shares Change (YoY)	0.08%	0.08%	0.11%	1.61%	0.95%	0.00%
EPS (Basic)	0.34	0.34	0.28	0.23	0.23	0.18
EPS (Diluted)	0.34	0.34	0.27	0.23	0.23	0.18
EPS Growth	24.00%	24.00%	20.69%	1.05%	22.75%	27.31%
Free Cash Flow	89.13	89.13	78.52	58.47	37.22	58.5
Free Cash Flow Per Share	0.36	0.36	0.32	0.24	0.16	0.25
Dividend Per Share	0.280	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	64.64%	64.64%	63.73%	63.86%	65.14%	66.44%
Operating Margin	49.31%	49.31%	47.69%	49.07%	53.48%	50.74%
Profit Margin	32.66%	32.66%	31.27%	31.45%	37.34%	35.24%
Free Cash Flow Margin	34.92%	34.92%	36.56%	33.10%	25.69%	47.21%
EBITDA	126.59	126.59	103.29	87.53	78.43	66.12
EBITDA Margin	49.59%	49.59%	48.10%	49.56%	54.13%	53.36%
D&A For EBITDA	0.74	0.74	0.88	0.87	0.95	3.26
EBIT	125.86	125.86	102.41	86.67	77.48	62.87
EBIT Margin	49.31%	49.31%	47.69%	49.07%	53.48%	50.74%
Effective Tax Rate	30.78%	30.78%	30.78%	31.51%	29.95%	30.42%
Revenue as Reported	255.25	255.25	214.75	176.63	144.88	123.91
Advertising Expenses	3.07	3.07	2.84	1.56	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.