Appendix 4D & Half Year Accounts
| Stock | Count Ltd (CUP.ASX) |
|---|---|
| Release Time | 26 Feb 2025, 8:19 a.m. |
| Price Sensitive | Yes |
Count Ltd Reports Strong H1 2025 Results
- Revenue up 54% to $73.9 million
- Profit after tax up 541% to $4.0 million
- Interim dividend of 1.75 cents per share fully franked
Count Ltd has reported its financial results for the half-year ended 31 December 2024. The company's revenue from ordinary activities increased by 54% to $73.9 million, while profit from ordinary activities after tax attributable to the owners of Count Limited surged 541% to $3.95 million. The management team has continued to focus on both organic and inorganic growth across the Group's three segments - Equity Partnerships, Wealth, and Services - which is reflected in the financial results. The successful integration of the Diverger Limited acquisition has enabled the Group to exceed its initial cost synergy estimates. The Board has declared an interim dividend of 1.75 cents per share fully franked for the half-year ended 31 December 2024, up from 1.50 cents per share in the prior corresponding period. During the period, Count Limited acquired the remaining shareholding of Accurium Holdings Pty Limited and its equity partner Kidmans Partners acquired the accounting and financial planning business of Zanacorp. Subsequent to the reporting period, Westpac Bank approved a $10 million increase to the Company's existing debt facilities, enabling Count to continue its inorganic growth strategy.
For the half-year ended 31 December 2024, the Group reported revenue of $73.9 million, up 54% from the prior corresponding period, and profit after tax of $3.95 million, up 541%.
The management team remains focused on driving both organic and inorganic growth across the Group's three key segments. The additional $10 million in debt facilities will support the company's ongoing acquisition strategy as it continues to execute on its growth objectives.