• Revenue up 25% to $22.9 million
• Profit after tax up 3411% to $1.1 million
• Interim dividend increased 3% to 0.77 cents per share
• Underlying EBITDA up 8% to $4.1 million

The first half of the 2025 financial year (H1 FY25) was another period of strong growth for Prime Financial Group Ltd ('Prime'), as the company continued to build scale in its business, assisted by a strong contribution from its FY24 acquisitions, Altor Capital and Equity Plan Management. Prime delivered revenue of $22.9 million, up 25% on H1 FY24, and Underlying Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of $4.1 million, up 8% on the previous corresponding period. The company's 'OneConnected' offering continued to deliver strong results, with a largely recurring revenue business model supported by a growing level of cross-referrals and collaborations amongst the different services. Prime remains on track to deliver its FY25 guidance, including its goal of reaching $50 million in group revenue this year and then doubling it to $100 million within the next 3-5 years. The company will continue to grow its existing service lines and new services, and look to maximise cross-delivery of additional services to existing clients. Prime also announced a revised, larger financing facility with Westpac Banking Corporation, which will be used to fund acquisitions and working capital.

Prime is on track to deliver its FY25 guidance, including its goal of reaching $50 million in group revenue this year and then doubling it to $100 million within the next 3-5 years.

Prime will continue to build scale and grow profitability through strong organic growth in core services, scaling new service offerings, a focused cross-sell strategy, maximizing the value from recent acquisitions, and delivering further EPS-accretive acquisitions. The company aims to generate 15-20%+ revenue and Underlying EBITDA growth each year, plus dividend growth of 3-5%.