Netwealth Group Income Statement

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Operating Revenue	316.41	249.53	211.49	172.86	141.98
Other Revenue	8.03	5.72	3.26	3.77	2.9
Revenue	324.44	255.25	214.75	176.63	144.88
Revenue Growth (YoY)	27.11%	18.86%	21.58%	21.92%	16.92%
Cost of Revenue	108.63	90.27	77.89	63.84	50.5
Gross Profit	215.81	164.98	136.86	112.79	94.38
Selling, General & Admin	37.08	27.01	24.13	16.15	5.78
Amortization of Goodwill & Intangibles	2.68	0.92	0.64	0.37	0.12
Other Operating Expenses	7.28	5.45	4.67	3.94	9.07
Operating Expenses	51.89	39.13	34.45	26.13	16.9
Operating Income	163.92	125.86	102.41	86.67	77.48
Interest Expense	-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)	-6.2	-4.57	-4.57	-4.67	-
EBT Excluding Unusual Items	157.11	120.45	97.01	81.11	77.23
Pretax Income	157.11	120.45	97.01	81.11	77.23
Income Tax Expense	40.59	37.08	29.86	25.56	23.13
Earnings From Continuing Operations	116.52	83.37	67.15	55.55	54.1
Net Income	116.52	83.37	67.15	55.55	54.1
Net Income to Common	116.52	83.37	67.15	55.55	54.1
Net Income Growth	39.76%	24.15%	20.88%	2.68%	23.92%
Shares Outstanding (Basic)	245	244	244	244	240
Shares Outstanding (Diluted)	245	244	244	244	240
Shares Change (YoY)	0.47%	0.08%	0.11%	1.61%	0.95%
EPS (Basic)	0.48	0.34	0.28	0.23	0.23
EPS (Diluted)	0.47	0.34	0.27	0.23	0.23
EPS Growth	39.30%	24.00%	20.69%	1.05%	22.75%
Free Cash Flow	125.23	89.13	78.52	58.47	37.22
Free Cash Flow Per Share	0.51	0.36	0.32	0.24	0.15
Dividend Per Share	0.385	0.280	0.240	0.200	0.186
Dividend Growth	37.50%	16.67%	20.00%	7.76%	26.26%
Gross Margin	66.52%	64.63%	63.73%	63.86%	65.14%
Operating Margin	50.52%	49.31%	47.69%	49.07%	53.48%
Profit Margin	35.91%	32.66%	31.27%	31.45%	37.34%
Free Cash Flow Margin	38.60%	34.92%	36.56%	33.10%	25.69%
EBITDA	164.87	126.59	103.29	87.53	78.43
EBITDA Margin	50.82%	49.59%	48.10%	49.56%	54.13%
D&A For EBITDA	0.96	0.74	0.88	0.87	0.95
EBIT	163.92	125.86	102.41	86.67	77.48
EBIT Margin	50.52%	49.31%	47.69%	49.07%	53.48%
Effective Tax Rate	25.83%	30.78%	30.78%	31.51%	29.95%
Revenue as Reported	324.44	255.25	214.75	176.63	144.88
Advertising Expenses	3.75	3.07	2.84	1.56	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.