Financial

Praemium's Earnings for the First Half of 2025: Revenue Meets Expectations
March 01, 2025 03:35 PM AEDT| By Team Kalkine MediaHighlights:,Revenue increases significantly, reflecting a strong performance in the software sector.,Profit margins remain stable while net income experiences notable growth.,Forecasted growth remains steady compared to the broader industry trends.,P...

Pioneer Credit Faces Market Challenges Amid Revenue Declines
March 01, 2025 03:32 PM AEDT| By Team Kalkine MediaHighlights:,Pioneer Credit’s stock price has experienced a significant decline over multiple years, with recent months showing further setbacks.,The company's revenue has been gradually decreasing, aligning with the broader downtrend in its market pe...

Auctus Investment Group Announces Delisting from ASX
February 28, 2025 04:33 PM AEDT| By Team Kalkine MediaHighlights:,ASX Delisting Decision:,Auctus Investment Group moves to delist from the Australian Securities Exchange.,Liquidity Concerns:,The company cites low trading volume as a key factor in its decision.,Cost-Saving Measures:,Eliminating listing e...

Reasons Why Interest Rate Cuts Might Negatively Impact the Australian Economy
February 28, 2025 04:33 PM AEDT| By Team Kalkine MediaHighlights,Weaker Australian Dollar Impact:,Rising import costs add inflationary pressure.,Stock Market Reactions:,Market volatility reflects economic uncertainty.,Housing and Savings Effect:,Higher property prices and lower savings returns pose chal...

Private equity firms, the largest shareholders of ClearView Wealth Limited (ASX:CVW), saw their wealth increase as the stock surged by 13% last week.
February 28, 2025 03:54 PM AEDT| By Team Kalkine MediaHighlights,Private equity firms hold a major stake in ASX:CVW, influencing company decisions.,The top two shareholders control over 50% of ClearView Wealth.,Institutions hold about 26% ownership, while the general public owns 31%.,Examining the owner...

HUB24 Limited (ASX:HUB) Insider Transactions: What You Need to Know
February 28, 2025 03:52 PM AEDT| By Team Kalkine MediaHighlights,Recent significant insider transactions at HUB24 raise eyebrows.,Insiders have shown more inclination towards selling than buying recently.,Despite transactions, HUB24 retains strong insider ownership.,Shareholders of HUB24 Limited (ASX:HU...

Understanding the Shareholder Composition of Perpetual Limited
February 28, 2025 03:49 PM AEDT| By Team Kalkine MediaHighlights:,Retail shareholders collectively own the largest portion of Perpetual Limited, granting them a significant influence on company matters.,Institutional ownership reflects engagement from financial entities, though it represents a smaller s...

Australian Dollar Faces Sharpest Weekly Decline Since July Amid Market Uncertainty
February 28, 2025 11:52 AM AEDT| By Team Kalkine MediaHighlights,Australian dollar experiences steepest one-day drop of the year.,Market uncertainty and economic concerns drive investors toward safe-haven assets.,Largest weekly decline since July signals shifting investor sentiment.,The Australian dolla...

Former Macquarie Executive Jim Craig Joins Future Fund Board in Strategic Move
February 27, 2025 01:30 PM AEDT| By Team Kalkine MediaHighlights,Jim Craig,appointed,to the Future Fund board for a five-year term.,Former Macquarie Bank executive with over two decades of experience.,Michael,Washtel,exits after a decade-long tenure.,The Australian government has appointed seasoned inve...

Sequoia Financial Group (ASX:SEQ) Reports H1 2024 Performance and Strategic Business Adjustments
February 27, 2025 01:28 PM AEDT| By Team Kalkine MediaHighlights,Revenue and Profit Update:,Revenue at $60.6 million, with a decline in profit after tax.,Dividend Announcements:,Interim dividend declared with a payout scheduled for March 2025.,Operational Restructuring:,Divestment of non-core businesses...

Medibank Shares Surge on Half-Year Results and 8% Dividend Increase
February 27, 2025 01:17 PM AEDT| By Team Kalkine MediaHighlights,Medibank shares jump 7% to a 52-week high following strong half-year results.,Underlying net profit after tax rises by 13.8% to $298.7 million.,Fully franked interim dividend increases by 8.3% to 7.8 cents per share.,Shares of Medibank Pri...

Perpetual Limited (ASX:PPT) Reports Half-Year Results with Revenue Growth and Strategic Shifts
February 27, 2025 12:37 PM AEDT| By Team Kalkine MediaHighlights,Perpetual Limited (ASX:PPT) posts a 4% rise in,operating,revenue, reaching $686.2 million.,The company opts to,retain,Corporate Trust and Asset Management while considering the sale of its Wealth Management division.,Announces an interim d...

PM Capital Moves to Acquire Platinum LICs in Strategic Offer
February 27, 2025 12:19 PM AEDT| By Team Kalkine MediaHighlights,PM Capital proposes a share exchange for Platinum’s closed-end funds at a premium.,Offer includes a 20% premium over recent market prices of the targeted funds.,Platinum had previously announced plans to convert the funds into ETFs.,PM Cap...

Regal Partners Sees Profit Surge but Faces Market Pressure Amid Performance Fee Dip
February 26, 2025 02:01 PM AEDT| By Team Kalkine MediaHighlights,Regal Partners (RPL) reports a,nearly threefold,increase in net profit, reaching $97.5 million.,Funds under management (FUM),climb,64% to $18 billion.,Performance fee revenue slows in the latter part of the year,,impacting,investor sentime...

Helia Group Insiders’ Stock Moves: What Do They Reveal?
February 26, 2025 12:28 PM AEDT| By Team Kalkine MediaHighlights,Insider transactions at,Helia Group (HLI),show more sales than purchases over the past year.,The CEO sold a notable,portion,of shares at AU$4.32, lower than the recent market price.,Insiders collectively hold 1.4% of the company, valued at...

MA Financial Group's Full Year 2024 Earnings Surpass Expectations
February 25, 2025 07:30 PM AEDT| By Team Kalkine MediaHighlights:,MA Financial Group reports significant growth in revenue and net income.,Earnings per share exceed market expectations with a substantial increase.,Future revenue trends indicate a shift in financial trajectory.,MA Financial Group (ASX:MA...

EQT Holdings Limited Increases Dividend Amid Earnings Fluctuations
February 25, 2025 01:36 PM AEDT| By Team Kalkine MediaEQT Holdings Limited Increases Dividend Amid Earnings Fluctuations

MyState Limited (ASX:MYS) Navigating Financial Shifts in the First Half of 2025
February 25, 2025 01:34 PM AEDT| By Team Kalkine MediaMyState Limited (ASX:MYS) Navigating Financial Shifts in the First Half of 2025

Zip Co Delivers Robust Half-Year Financial Performance and Expands Global Footprint
February 25, 2025 01:01 PM AEDT| By Team Kalkine MediaHighlights,Revenue and transaction growth surge.,US and ANZ markets drive performance.,Innovation and financial strength on display.,Zip Co Ltd (ASX:ZIP) has reported its financial outcomes for the six-month period ending December 31, 2024, marking a...

Zip Co Shares Surge 11% After Strong Half-Year Results and Optimistic Outlook
February 25, 2025 12:40 PM AEDT| By Team Kalkine MediaHighlights:,TTV surged 23.9% to $6.2 billion,, driven by,40.3% growth in the US,.,Cash EBTDA jumped 117.1% to $67 million,, with operating costs falling as a percentage of TTV.,Management forecasts cash EBTDA of at least $147 million for FY25,, signa...

Advertise your brand on Kalkine Media