Netwealth Group Limited

ASX NWL.AX

Netwealth Group Limited Gross Profit for the year ending June 30, 2024: USD 110.00 M

Netwealth Group Limited Gross Profit is USD 110.00 M for the year ending June 30, 2024, a 39.02% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Netwealth Group Limited Gross Profit for the year ending June 30, 2023 was USD 79.12 M, a 16.61% change year over year.
  • Netwealth Group Limited Gross Profit for the year ending June 30, 2022 was USD 67.85 M, a 12.62% change year over year.
  • Netwealth Group Limited Gross Profit for the year ending June 30, 2021 was USD 60.25 M, a 32.58% change year over year.
  • Netwealth Group Limited Gross Profit for the year ending June 30, 2020 was USD 45.45 M, a -2.56% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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ASX: NWL.AX

Netwealth Group Limited

CEO Mr. Matthew Alexander Max Heine
IPO Date Nov. 19, 2017
Location Australia
Headquarters 180 Flinders Street
Employees 539
Sector Finance
Industries
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 for self-managed super fund (SMSF) clients; 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 insurance, advisory, licensee, and private wealth solutions. In addition, it offers a superannuation master fund, separately 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.

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StockViz Staff

January 15, 2025

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