Highlights
- HUB24 (ASX:HUB) has seen strong share price momentum in 2025.
- CAR Group (ASX:CAR) continues expanding its global presence.
- Revenue and profit growth trends offer insights into both companies.
As the Australian stock market navigates 2025, HUB24 (ASX:HUB) and CAR Group (ASX:CAR) are two companies attracting investor interest. With HUB24’s steady rise in the wealth management sector and CAR Group’s stronghold in online automotive marketplaces, both businesses present compelling growth stories.
HUB24’s Growth in Wealth Management
Established in 2007, HUB24 has built a strong reputation in wealth management through innovative technology solutions. The company provides financial advisers with an integrated platform offering managed funds, superannuation solutions, and investment management tools.
Its core products include the HUB24 platform, Class, and myprosperity. The HUB24 platform serves financial professionals, granting access to a broad range of investment options. Class supports self-managed super funds (SMSFs) by streamlining compliance and portfolio management, while myprosperity enhances client-adviser interactions through digital portals.
HUB24’s industry recognition further reinforces its position. In 2024, it was named the Overall Best Platform in the Adviser Ratings Financial Advice Landscape Report. Additionally, it secured the top spot for Overall Satisfaction and Brand Image and Reputation in the 2024 Wealth Insights Platform Service Level Report.
CAR Group’s Expanding Global Reach
Since the 1990s, CAR Group has been a key player in the automotive marketplace industry, connecting buyers and sellers through its online platforms. The company facilitates vehicle transactions with technology-driven solutions that enhance security and convenience.
Over the years, CAR Group has expanded its global footprint, operating across multiple countries, including Australia (carsales), South Korea (Encar), the United States (Trader Interactive), and Chile (chileautos). This international presence provides diversified revenue streams and positions the company to benefit from growing digital marketplace trends worldwide.
Comparing Financial Growth Trends
When evaluating growth companies, key financial indicators such as revenue growth, profit trends, and return on equity (ROE) provide valuable insights.
Since 2021, HUB24 has achieved an impressive annual revenue growth rate of 44.4%, reaching $328 million in FY24. Over the same period, net profit rose from $10 million to $47 million, with the company’s last reported ROE standing at 9.2%.
CAR Group has also delivered consistent financial performance, with revenue growing at 37.0% annually over the past three years, hitting $1,099 million in FY24. Net profit climbed from $131 million to $250 million, and its last reported ROE was 8.6%.
Final Thoughts
Both HUB24 and CAR Group have demonstrated strong financial performance and industry leadership. HUB24 continues to build momentum in wealth management, while CAR Group leverages its global presence in the online marketplace sector. Monitoring how these companies sustain their growth in 2025 could provide valuable insights into broader market trends.