Netwealth Group Limited

ASX NWL.AX

Netwealth Group Limited Return on Assets (ROA) for the year ending June 30, 2024: 44.00%

Netwealth Group Limited Return on Assets (ROA) is 44.00% for the year ending June 30, 2024, a 6.07% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Netwealth Group Limited Return on Assets (ROA) for the year ending June 30, 2023 was 41.48%, a 1.71% change year over year.
Netwealth Group Limited Return on Assets (ROA) for the year ending June 30, 2022 was 40.79%, a -1.16% change year over year.
Netwealth Group Limited Return on Assets (ROA) for the year ending June 30, 2021 was 41.26%, a 5.75% change year over year.
Netwealth Group Limited Return on Assets (ROA) for the year ending June 30, 2020 was 39.02%, a -7.36% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

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 Investment Banking & Asset Management Hedge Funds Insurance Pension Funds Stock Exchanges & Brokers

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.

Key trends

Past 5 years