Wt Financial Group Ltd

  • IPO date:
  • Sector: Financial Services
  • GIC Group: Financial Services
  • Industry: Asset Management
  • Company website

Company description

WT Financial Group Limited provides a range of financial services. It operates in two segments, Business to Business and Direct to Consumer. The company provides, licensing, risk management and compliance, education and training, and technical support services; and practice management and development services, including consumer marketing and education tools. It also offers financial planning, investment, and product sales and licensing services; and mortgage finance and brokerage, accounting, and SMSF administration services. In addition, the company provides wealth management, personal risk insurance advice, retirement, and investment, as well as mortgage, tax, and finance advice; and tax services. The company was formerly known as Spring FG Limited and changed its name to WT Financial Group Limited in November 2019. WT Financial Group Limited was incorporated in 2014 and is based in Sydney, Australia.

Financial highlights

Market Capitalization$25.4426 million
P/E Ratio7.89
P/E Growth Ratio
Book Value0.077
Dividend Per Share0
Earnings Per Share0.01
EBITDA6,460.946
Profit Margin0.0255
Operating Margin TTM0.0346
Return on Assets TTM0.0728
Return on Equity TTM0.1815
Revenue TTM162,487.504

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-06-30 14,855 974.388 -974.388 7,322.998
2016-06-30 11,449.587 833.401 10,616.186 8,333.289
2017-06-30 10,749.916 1,183.435 9,566.481 9,620.728
2018-06-30 7,381.246 3,273.972 4,107.274 9,258.065
2019-06-30 10,640 5,127 5,513 6,455
2020-06-30 12,741 6,746 5,995 5,758
2021-06-30 12,765.46 9,052.866 3,712.594 4,886.067
2022-06-30 101,722.351 92,558.156 9,164.195 7,650.813
2023-06-30 160,512.109 145,404.128 15,107.981 11,455.144

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2014-06-30 2,815 16,076 2,789 13,028
2015-06-30 1,625.606 23,256.235 4,401.307 13,659.962
2016-06-30 1,377.865 19,346.534 3,344.709 15,376.684
2017-06-30 2,597.804 21,599.439 5,162.281 800 1,149.95 17,939.217
2018-06-30 1,243.072 15,345.458 5,827.5 1,080 1,373.595 18,895.112
2019-06-30 1,045 14,555.178 5,966.135 290 1,138.6 18,895
2020-06-30 1,413 15,216.754 6,631.021 150 799.6 19,293
2021-06-30 1,246.269 11,651.681 5,696.042 1,069.657 1,185.88 20,142.712
2022-06-30 3,384.884 48,769.9 28,708.173 549.629 4,700 32,375.273
2023-06-30 5,313.022 47,847.349 22,270.213 623.891 6,679.49 33,749.103

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-06-30 4,716.878 -760.14 866.356 759.25 1,625.606 692.415
2016-06-30 1,604.677 1,340.11 -247.741 1,625.606 1,377.865 1,196.239
2017-06-30 700.487 -557.261 1,219.939 1,377.865 2,597.804 1,453.962
2018-06-30 -4,329.805 -2,471.926 -1,354.732 2,597.804 1,243.072 0
2019-06-30 -929 645.977 -198 1,243 1,045 6
2020-06-30 -729 709.428 369 1,045 1,414
2021-06-30 -3,287.497 -2,009.336 -167.29 1,413.559 1,246.269
2022-06-30 1,873.527 2,376.085 2,138.615 1,246.269 3,384.884
2023-06-30 4,141.579 1,928.138 3,384.884 5,313.022