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Netwealth Group Ltd

Technology AU NWL

27.735AUD
-0.055(0.20%)

Last update at 2024-10-23T03:55:00Z

Day Range

27.0327.83
LowHigh

52 Week Range

11.9028.60
LowHigh

Fundamentals

  • Previous Close 27.79
  • Market Cap6828.72M
  • Volume190107
  • P/E Ratio82.21
  • Dividend Yield1.01%
  • EBITDA126.59M
  • Revenue TTM255.25M
  • Revenue Per Share TTM1.05
  • Gross Profit TTM 136.86M
  • Diluted EPS TTM0.34

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 97.01M 81.11M 77.23M 62.74M 50.08M
Minority interest - - - - -
Net income 67.15M 55.55M 54.10M 43.66M 34.30M
Selling general administrative 89.38M 75.55M 50.50M 42.73M 33.96M
Selling and marketing expenses 2.83M 1.39M 1.39M - -
Gross profit 133.60M 109.09M 91.48M 79.77M 96.37M
Reconciled depreciation 3.28M 2.98M 2.05M 3.29M 0.76M
Ebit 100.01M 84.55M 76.37M 62.84M 49.18M
Ebitda 103.29M 87.53M 78.43M 66.12M 49.94M
Depreciation and amortization 3.28M 2.98M 2.05M 3.29M 0.76M
Non operating income net other - - - - -
Operating income 102.41M 86.67M 77.48M 62.87M 49.18M
Other operating expenses 38.49M 32.66M 33.41M 22.11M 48.69M
Interest expense 0.45M 0.50M 0.06M 0.12M 0.12M
Tax provision 29.86M 25.56M 23.13M 19.08M 14.88M
Interest income 2.41M 0.50M 0.06M 0.52M 0.95M
Net interest income 2.67M -0.18400M 0.44M 0.45M 0.85M
Extraordinary items - - - 0.00000M -0.90600M
Non recurring - - - - -
Other items - - - - -
Income tax expense 29.86M 25.56M 23.13M 19.08M 14.88M
Total revenue 211.49M 172.93M 141.98M 121.34M 96.37M
Total operating expenses 116.91M 90.80M 67.40M 61.04M 48.69M
Cost of revenue 77.89M 63.84M 50.50M 41.58M 32.34M
Total other income expense net -0.24100M -0.83500M 2.21M 2.00M 0.91M
Discontinued operations - - - - -0.90600M
Net income from continuing ops 67.15M 55.55M 54.10M 43.66M 35.20M
Net income applicable to common shares 67.15M 55.55M 54.10M 43.66M 34.30M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 189.49M 161.88M 136.20M 131.12M 111.89M
Intangible assets 9.64M 6.51M 2.21M 0.72M 0.30M
Earning assets - - - - -
Other current assets 3.32M 8.57M 10.02M 7.20M 4.41M
Total liab 44.97M 38.84M 31.96M 37.94M 35.86M
Total stockholder equity 144.52M 123.05M 104.24M 93.18M 76.03M
Deferred long term liab - - - - -
Other current liab 9.86M 0.08M 1.50M 14.64M 0.05M
Common stock 28.38M 27.23M 26.56M 26.40M 23.12M
Capital stock 28.38M 27.23M 26.56M 26.40M 23.12M
Retained earnings 106.55M 89.05M 73.10M 65.09M 51.62M
Other liab - 0.95M 0.73M 1.14M 0.95M
Good will - - - - -
Other assets 0.00000M 3.11M 1.58M 2.93M 3.81M
Cash 126.68M 109.48M 88.38M 81.42M 85.52M
Cash and equivalents - - - - -
Total current liabilities 30.83M 25.74M 17.64M 21.77M 31.14M
Current deferred revenue 6.13M 13.54M 6.85M -1.39800M 23.01M
Net debt -111.76100M -95.89600M -73.28900M -64.99500M -80.44500M
Short term debt 1.77M 1.44M 1.50M 1.40M 1.30M
Short long term debt 1.77M 1.44M 1.50M 1.40M 1.30M
Short long term debt total 14.91M 13.59M 15.09M 16.43M 5.07M
Other stockholder equity - -116.27700M -99.66700M -91.49300M -74.74300M
Property plant equipment - 14.28M 16.20M 17.62M 6.35M
Total current assets 157.98M 136.38M 114.21M 107.46M 101.44M
Long term investments 4.23M 2.53M 1.99M 2.38M -
Net tangible assets - 116.54M 102.03M 92.46M 75.73M
Short term investments 0.68M 0.49M 1.09M 4.54M 1.19M
Net receivables 27.30M 17.84M 14.73M 14.30M 10.32M
Long term debt 13.14M 12.15M 13.59M 15.03M 3.77M
Inventory - - - - -
Accounts payable 13.06M 10.69M 7.79M 7.13M 6.79M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 9.59M 6.77M 4.58M 1.69M 1.29M
Additional paid in capital - - - - -
Common stock total equity - - - - 23.12M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -0.00000M - 14.64M - -6.64800M
Deferred long term asset charges - - - - -
Non current assets total 31.50M 25.51M 21.99M 23.66M 10.46M
Capital lease obligations - - - - -
Long term debt total - 12.15M 13.59M 15.03M 3.77M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -4.99000M -3.69500M -2.13400M 2.14M 3.70M
Change to liabilities 3.31M 0.63M 0.59M 1.61M 1.64M
Total cashflows from investing activities -4.99000M -3.69500M -3.22300M 1.22M 2.96M
Net borrowings -1.50100M -1.41200M -1.32800M -1.51500M -1.51500M
Total cash from financing activities -53.13000M -48.95500M -38.68100M -33.57200M -37.92600M
Change to operating activities 2.69M 1.82M -5.33600M 0.42M -1.12900M
Net income 67.15M 55.55M 54.10M 43.66M 34.30M
Change in cash 21.11M 6.96M -4.09500M 27.06M 5.79M
Begin period cash flow 88.38M 81.42M 85.52M 58.46M 52.67M
End period cash flow 109.48M 88.38M 81.42M 85.52M 58.46M
Total cash from operating activities 79.23M 59.60M 37.81M 59.41M 40.76M
Issuance of capital stock 0.48M - 3.28M 0.03M 0.24M
Depreciation 2.70M 2.68M 2.00M 3.26M 0.76M
Other cashflows from investing activities 0.65M -0.70300M -2.09200M 2.14M 3.70M
Dividends paid 51.21M 47.54M 40.63M 32.09M 38.17M
Change to inventory - - - - -
Change to account receivables -3.17000M -0.33200M -4.11700M -1.76500M -2.15900M
Sale purchase of stock 0.48M 1.92M -1.94800M 1.48M 0.24M
Other cashflows from financing activities -2.40100M -3.69500M 1.95M -1.48400M 1.51M
Change to netincome 5.96M -1.04500M -9.48200M 12.20M 7.35M
Capital expenditures 5.64M 2.99M 1.13M 0.92M 0.74M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -3.17000M -0.33200M -4.11700M -1.76500M 0.88M
Stock based compensation 2.38M 3.05M 0.40M 0.58M -
Other non cash items 9.38M 1.38M -18.29200M 12.49M -35.05400M
Free cash flow 73.58M 56.61M 36.68M 58.49M -0.74100M

Peer Comparison

Sector: Technology Industry: Software - Application

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
NWL
Netwealth Group Ltd
-0.055 0.20% 27.73 82.21 64.52 26.75 46.74 27.37
WTC
WiseTech Global Limited
-1.545 1.44% 106.08 160.76 114.94 40.78 19.78 42.01 104.26
XRO
Xero Ltd
-0.255 0.17% 147.63 141.33 101.01 13.22 17.91 14.38 44.24
TNE
Technology One Ltd
-0.15 0.61% 24.27 71.00 58.82 16.78 25.19 16.86 39.28
360
Life360 Inc
-0.24 1.08% 21.92 - 116.28 15.29 10.02 9.37 -9.5336

Reports Covered

Stock Research & News

Profile

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. The company operates a platform that offers superannuation, including accumulation and retirement income products; investor directed portfolio services for self-managed superannuation and non-superannuation investments; managed accounts and funds, self-managed superannuation funds administration; and non-custodial administration and reporting services. It 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, the company 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. It provides its financial services to investors and non-institutional intermediaries, including financial advisers, private clients, and high net worth firms. The company was founded in 1999 and is headquartered in Melbourne, Australia.

Netwealth Group Ltd

180 Flinders Street, Melbourne, VIC, Australia, 3000

Key Executives

Name Title Year Born
Mr. Matthew Alexander Max Heine MD & Director NA
Mr. Grant A. Boyle C.A. CFO & Joint Company Sec. NA
Mr. Michael Max Heine Exec. Director NA
Mr. John Hanrahan Chief Information Officer NA
Ms. Amanda Atkinson Head of Investor Services NA
Mr. Damian Holland Gen. Mang. of Sales & Distribution NA
Mr. Nick Mitchell Head of Distribution NA
Lindsay Coates Head of Strategic Accounts NA
Naomi Finnigan Head of Investment Solutions NA
Mr. Matthew Alexander Max Heine CEO, MD & Director NA

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