YOLFTbeta
Netwealth Group Ltd

Netwealth Group Ltd

NWL · AU · Technology / Software - Application

18.94AUD-0.18 (-0.94%)

Price History

Full chart

Market Stats

Previous Close19.12
Open19.00
Day Range18.86 – 19.17
52-Week Range16.35 – 32.98
Volume189.88K
Market Cap4.23B
P/E (TTM)68.84
Forward P/E33.00
EPS0.25
Dividend Yield2.44%
Beta1.09
50-Day Avg20.93
200-Day Avg22.65

About

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, specialist funds and models, term deposits, premium services, and investor rewards; investment research, including securities research, managed funds research, and business and economic news; account options comprising super accelerator plus, and self-managed super fund (SMSF) and wealth accelerator plus; insurance products; forms and disclosure documents; and resources and tools, as well as advisory, licensee, and private wealth solutions. In addition, the company offers advanced portfolio management; global specialist series (GSS) funds and models; investment accounts; super accelerator core; and mobile apps. Further, it provides superannuation master fund; and performance, investment research, 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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Matthew Alexander Max Heine
  • Employees790
  • Headquarters180 Flinders Street, Melbourne, VIC, Australia, 3000, Australia
  • Websitehttps://www.netwealth.com.au

Leadership

  • Mr. Matthew Alexander Max HeineCEO, MD & Director
  • Mr. Hayden StockdaleChief Financial Officer
  • Mr. Nick WalkerChief Technology Officer
  • Ms. Jodie HensonChief Risk, Legal & Governance Officer and Company Secretary
  • Mr. Damian HollandExecutive General Manager of Sales & Distribution
  • Mr. Matt WestExecutive General Manager of Product & Marketing
  • Ms. Shanyn PayneChief People Officer
  • Lindsay CoatesHead of Strategic Accounts
  • Mr. David SutherlandChief Customer Operations Officer
  • Victoria DupucheHead of Training & Relationship Management

Financials

Income Statement

Currency: AUD1999-06-302000-06-302001-06-302002-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue5.03M10.37M45.08M144.82M43.63M51.59M58.28M60.64M83.26M98.77M121.34M141.98M172.86M207.01M255.25M312.30M382.90M
Growth (%)-+106.08%+334.60%+221.28%-69.87%+18.24%+12.97%+4.04%+37.31%+18.63%+22.86%+17.01%+21.75%+19.75%+23.30%+22.35%+22.61%
Cost of Revenue1.24M6.82M46.70M122.65M20.49M23.49M19.01M34.04M28.74M32.34M55.51M61.62M74.54M88.11M90.27M124.29M154.34M
Gross Profit3.79M3.55M-1.62M22.17M23.15M28.10M39.27M26.59M54.52M66.43M65.84M80.36M98.32M118.89M164.98M312.30M228.56M
Gross Margin75.28%34.25%-3.60%15.31%53.04%54.47%67.38%43.86%65.48%67.25%54.26%56.60%56.88%57.43%64.64%100.00%59.69%
Operating Expense9.76M22.54M50.39M65.45M11.80M15.73M28.54M3.38M25.33M15.22M5.54M5.78M19.59M28.79M30.21M155.19M52.03M
Operating Income-5.97M-18.98M-52.02M-43.28M11.35M12.38M10.74M23.22M29.19M51.20M60.30M74.58M78.73M90.10M134.76M157.11M176.53M
Operating Margin-118.66%-183.02%-115.39%-29.88%26.01%23.99%18.42%38.29%35.06%51.84%49.69%52.53%45.55%43.53%52.80%50.31%46.10%
EBITDA----12.96M14.24M14.89M25.13M29.87M51.96M66.15M78.43M84.09M100.29M129.51M162.88M184.69M
EBITDA Margin----29.71%27.60%25.55%41.45%35.87%52.61%54.52%55.24%48.65%48.45%50.74%52.15%48.23%
Net Income-5.31M-16.12M-51.69M-42.28M8.19M5.91M9.15M13.55M20.82M34.30M43.66M54.10M55.55M67.15M83.37M116.52M60.65M
Net Income Margin-105.56%-155.38%-114.67%-29.20%18.78%11.46%15.70%22.35%25.00%34.72%35.98%38.11%32.14%32.44%32.66%37.31%15.84%
R&D----308.00K349.00K-----------
R&D as % of Total Revenue----0.71%0.68%-----------
Interest Expense000073.00K19.00K8.00K00121.00K121.00K64.00K497.00K451.00K572.00K601.00K2.08M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.17%0.04%0.01%0.00%0.00%0.12%0.10%0.05%0.29%0.22%0.22%0.19%0.54%

Balance Sheet

Currency: AUD1999-06-302000-06-302001-06-302002-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets22.27M103.48M97.79M87.80M46.55M51.76M60.16M47.74M78.75M81.42M111.89M131.12M136.20M161.88M189.49M257.32M276.28M
Total Liabilities5.21M9.09M46.32M52.54M6.96M12.17M17.02M9.43M11.34M17.58M35.86M37.94M31.96M38.84M44.97M58.18M114.39M
Total Equity17.27M94.31M51.43M35.45M37.12M37.50M43.14M38.32M67.41M63.85M76.03M93.18M104.24M123.05M144.52M199.14M161.89M
Cash7.75M63.36M22.41M4.38M17.48M23.17M27.65M22.08M52.67M58.46M85.52M81.42M88.38M109.48M126.68M148.52M149.40M
Total Debt----761.00K----5.07M5.07M16.43M15.09M13.59M14.91M13.50M70.41M
Net Debt-----16.72M-23.17M-27.65M-22.08M-52.67M-58.46M-80.44M-65.00M-73.29M-95.90M-111.76M-135.01M-78.99M

Cash Flow

Currency: AUD1999-06-302000-06-302001-06-302002-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow-6.20M-13.56M-29.74M-18.82M8.26M13.59M9.70M12.83M18.05M40.76M59.41M37.81M59.60M79.23M89.98M126.84M57.95M
Investing Cash Flow-2.88M-16.93M-15.55M-20.23M-4.00K-1.63M-1.65M-1.01M4.87M2.96M1.22M-3.22M-3.69M-4.99M-5.11M-39.50M-13.45M
Financing Cash Flow16.61M86.10M4.34M21.02M-1.55M-6.27M-3.57M-4.48M-5.24M-37.93M-33.57M-38.68M-48.95M-53.13M-67.68M-65.51M-43.62M
Capital Expenditure133.00K2.30M1.60M3.88M403.00K268.00K1.85M1.13M911.00K593.00K919.00K1.13M2.99M5.64M4.91M7.90M1.72M
Free Cash Flow----7.86M13.32M7.85M11.70M17.14M40.16M58.49M36.68M56.61M73.58M85.07M118.94M56.23M
Dividends Paid----1.03M7.38M3.48M4.48M8.30M38.17M32.09M40.63M47.54M51.21M65.87M77.07M103.02M
FCF to OCF----95.12%98.03%80.93%91.22%94.95%98.55%98.45%97.01%94.98%92.88%94.55%93.77%97.02%
Dividend Paid to FCF----13.06%55.42%44.38%38.28%48.41%95.04%54.86%110.77%83.98%69.59%77.43%64.79%183.24%

Earnings

Report DateFeb 3, 2017Nov 21, 2017Feb 27, 2018Aug 27, 2018Feb 18, 2019Aug 19, 2019Feb 18, 2020Aug 18, 2020Feb 17, 2021Aug 18, 2021Feb 16, 2022Aug 24, 2022Feb 15, 2023Feb 19, 2025Aug 21, 2025Feb 18, 2027
EPS Estimate0.000.000.000.000.000.000.00-0.00-0.00--0.000.24-
EPS Actual0.040.030.020.060.070.080.090.100.120.110.110.120.130.230.24-
Surprise--------------0.84%-
Timing-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market-

Key Statistics & Ratios

Market Cap4.23B
Enterprise Value4.12B
Trailing P/E68.84
Forward P/E33.00
Price / Sales10.84
Price / Book28.10
EPS0.25
Book Value0.66
Revenue (TTM)389.68M
Gross Profit (TTM)254.60M
EBITDA187.18M
Profit Margin15.56%
Operating Margin46.58%
Return on Equity33.60%
Return on Assets43.56%
Shares Outstanding245.53M
Shares Float126.00M
Beta1.09
Dividend Yield2.44%
Dividend Rate0.42
Payout Ratio170.04%

Ownership Breakdown

Institutions
22.64%
Insiders
46.36%
Retail / Other
31.00%

Top Fund Holders

  • Wasatch International Growth Fund
    1.58M0.65%
  • Vanguard International Stock Index-Total Intl Stock Indx
    1.32M0.54%
  • Financial Investors Tr-Grandeur Peak International Stalwarts Fd
    1.25M0.51%
  • Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund
    517.16K0.21%
  • iShares MSCI EAFE Small Cap ETF
    413.27K0.17%
  • DFA Asia Pacific Small Company Series
    406.59K0.17%
  • Goldman Sachs International Small Cap Insights Fund
    349.40K0.14%
  • First Trust International Equity Opportunities ETF
    347.98K0.14%
  • Old Westbury Small & Mid Cap Strategies Fund
    330.71K0.14%
  • Columbia Fds Var Ins Tr-Lazard International Equity Advantage Fd
    245.46K0.10%

Dividends

20262×
0.21Sep 9, 20260.21Mar 4, 2026
20252×
0.21Sep 3, 20250.17Mar 5, 2025
20242×
0.14Aug 26, 20240.14Mar 4, 2024
20232×
0.13Aug 22, 20230.11Feb 22, 2023
20222×
0.10Aug 30, 20220.10Feb 23, 2022
20212×
0.10Aug 26, 20210.09Feb 22, 2021
20202×
0.08Aug 25, 20200.07Feb 25, 2020
20192×
0.07Aug 26, 20190.06Feb 25, 2019
20181×
0.11Sep 10, 2018