Netwealth Group Ltd

  • IPO date:
  • Sector: Financial Services
  • GIC Group: Financial Services
  • Industry: Capital Markets
  • Company website

Company description

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. It offers financial intermediation services; superannuation products; managed accounts; and managed funds, as well as investor directed portfolio services. The company also provides investment wrap products; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and disclosure documents; and resources and tools, as well as advisory, licensee, and private wealth solutions. In addition, it offers superannuation master fund, managed accounts, and self-managed superannuation and non-custodial administration services; and portfolio management tools, performance tools, investment research tools, and mobile access tools. The company provides its financial services to investors and non-institutional intermediaries, including financial advisers, private clients, and high net worth firms. Netwealth Group Limited was founded in 1999 and is headquartered in Melbourne, Australia.

Financial highlights

Market Capitalization$3653.4886 million
P/E Ratio55.67
P/E Growth Ratio
Book Value0.505
Dividend Per Share0.24
Earnings Per Share0.28
EBITDA103,293
Profit Margin0.3127
Operating Margin TTM0.4769
Return on Assets TTM0.4294
Return on Equity TTM0.5909
Revenue TTM214,748.992

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1999-06-30 5,033 1,244 3,789 11,005
2000-06-30 10,372 6,820 3,552 29,355
2001-06-30 45,077 46,698 -1,621 97,092
2002-06-30 144,824 122,654 22,170 188,104
2014-06-30 43,774 20,489 22,983 32,123
2015-06-30 51,040 23,489 27,990 39,101
2016-06-30 48,323 19,011 30,021 28,883
2017-06-30 60,637 24,799 36,452 37,659
2018-06-30 81,460 28,739 81,460 54,071
2019-06-30 96,369 32,344 96,369 48,687
2020-06-30 121,345 121,345 61,044
2021-06-30 141,982 141,982 67,402
2022-06-30 172,933 172,933 90,804
2023-06-30 211,490 211,490 116,907

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1999-06-30 7,751 22,268 5,209 42 39,202
2000-06-30 63,359 103,478 9,085 2,549 132,535
2001-06-30 22,406 97,788 46,316 4,322 3,178 141,090
2002-06-30 4,377 87,804 52,542 5,868 2,868 170,624
2014-06-30 17,481 46,546 9,423 761 18,769
2015-06-30 23,169 51,762 14,262 20,881
2016-06-30 27,652 60,160 17,024 21,086
2017-06-30 22,081 47,743 9,425 912 875,113
2018-06-30 52,669 78,751 11,339 5,606 23,259
2019-06-30 58,459 81,425 17,578 1,130 23,504
2020-06-30 85,516 111,892 35,863 1,297 3,774 23,122
2021-06-30 81,421 131,117 37,936 1,398 15,028 26,398
2022-06-30 88,376 136,204 31,961 1,501 13,586 26,563
2023-06-30 109,482 161,885 38,836 1,437 12,149 27,228

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1999-06-30 -5,313 -6,199 7,528
2000-06-30 -16,116 -13,561 55,608
2001-06-30 -51,689 -29,740 -40,953
2002-06-30 -42,283 -18,819 -18,029
2014-06-30 8,194 8,259 6,709 1,026
2015-06-30 5,913 13,585 5,688 7,380
2016-06-30 9,148 9,704 4,483 3,485
2017-06-30 13,554 12,827 7,337 34,989 4,479
2018-06-30 20,818 18,055 17,680 34,989 52,669 8,300
2019-06-30 34,295 40,757 5,790 52,669 58,459 38,171
2020-06-30 43,661 59,412 27,057 58,459 85,516 32,088
2021-06-30 54,103 37,809 -4,095 85,516 81,421 40,629
2022-06-30 55,552 58,536 6,955 81,421 88,376 47,543
2023-06-30 67,153 79,226 21,106 88,376 109,482 51,208