Count 1H25 Financial Results - Media Release
| Stock | Count Ltd (CUP.ASX) |
|---|---|
| Release Time | 26 Feb 2025, 8:31 a.m. |
| Price Sensitive | Yes |
Count Delivers Strong 1H25 Financial Results
- Statutory profit up 541% to $4.0m
- Revenue up 54% to $73.9m
- Underlying EBITA up 141% to $13.9m
- Funds Under Advice up 6% to $36.2b
Count Limited (ASX:CUP) has announced its financial results for the first half of the 2025 financial year (1H25). The company reported a statutory profit attributable to shareholders of $4.0 million, an increase of 541% compared to the prior corresponding period (PCP). Revenue increased by 54% to $73.9 million, while underlying Earnings Before Interest, Tax and Amortisation (EBITA) grew by 141% to $13.9 million. The underlying EBITA margin improved to 19%, up from 13% in the PCP. Funds Under Advice (FUA) increased by 6% to $36.2 billion, and Funds under Management (FUM) grew by 12% to $3.5 billion. The company also reported a significant expansion of its Services segment revenue, which increased by 404% to $15.6 million. Count successfully completed six acquisitions during the period and the integration of Diverger, delivering annualised run rate cost synergies of more than $4 million in FY25. The company now serves more than 155,000 clients and has declared an interim dividend of 1.75 cents per share, an increase of 17% on the PCP.
Count's CEO, Hugh Humphrey, stated that the company is pleased to deliver these strong half-year results, continuing the momentum from FY24 and establishing Count as one of Australia's leading providers of diversified Financial Services. The results reflect the growing client demand for advisory services and the benefits of having successfully completed the Diverger integration.