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Key highlights include:

  • Full year revenue $299.3 million, up 18% on the previous corresponding period (p.c.p).
  • Full year profit after tax $46.7 million, up 44% on the p.c.p.
  • Funds Under Advice increased 9%, compared with the S&P/ASX200 benchmark down 1.5%.
  • Earnings per Share 14.6 cents, up 44% on 2019.
  • 10.5 cents fully franked Dividend per Share, up 31% on 2019 (4 cps interim, 6.5 cps final).
  • Our strategy is one of continuous investment in proprietary platforms and technology and in-house products and services. The benefits are real and measurable, with revenue up 13% y.o.y. to $70 million. This now represents 23% of Group revenue.
  • A strong cash backed Balance Sheet with no core debt.
  • Third Party Platform commenced clearing for a pilot group of Bell Potter Securities clients.