Key points
- Revenue up 17.1% to $896.6m
- Profit after tax up 46.7% to $41.8m
- Total comprehensive income up 133.2% to $44.3m
- Final dividend of 14 cents per share
Full summary
MA Financial Group Ltd has released its Appendix 4E for the year ended 31 December 2024, reporting strong financial performance. Revenue from ordinary activities increased by 17.1% to $896.6 million, while total income grew by 46.8% to $576.7 million. Profit from ordinary activities after tax attributable to ordinary equity holders rose by 46.7% to $41.8 million, and net profit after tax attributable to ordinary equity holders also increased by 46.7% to $41.8 million. Total comprehensive income attributable to ordinary equity holders saw a significant jump of 133.2% to $44.3 million. The company declared a final dividend of 14 cents per share, with a record date of 26 February 2025 and a payment date of 20 March 2025. The company's net tangible assets per ordinary share stood at $1.47 as of 31 December 2024, up from $1.37 in the previous year.
Guidance
The company has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.