• Revenue up 32% to $6.08 million
• Funds under management steady at $2.1 billion
• Completed two Equity Partnership Scheme investments

The Australian Wealth Advisors Group Ltd (AWAG) reported a profit before tax of $671,542 for the six months ended 31 December 2024, compared to a loss of $31,327 in the previous corresponding period. This result reflects the sound positive cash flow of the company. Revenue for the first half of FY2025 was $6.08 million, a 32% increase on the previous corresponding period, with cash on hand as at 31 December 2024 of $5.01 million. Since listing on the ASX 12 months ago, AWAG has been implementing strategies to grow its two wholly-owned businesses, Armytage Private and CHPW, both organically and through acquisitions. The company has completed two Equity Partnership Scheme (EPS) investments in Melican Financial Planning and Beattie Group, and has established a formal onboarding and deal structuring foundation. AWAG also launched the Succession Fund to enhance its EPS product. As at 31 December 2024, the group's funds under management and administration was approximately $2.1 billion, steady over the six-month period despite market volatility. AWAG continues to review corporate investment opportunities and recently generated a solid return on the realisation of its substantial shareholding in E&P Financial Group Limited. The company also holds two strategic non-disclosable shareholdings in ASX-listed financial services companies in anticipation of corporate activity and/or value re-rating.