PCG Appendix 4D and Interim Report 31 December 2024
Key points
- Revenue increased 92% to $34.9 million
- Profit after tax up 501% to $3.5 million
- Interim dividend of 2.0 cents per share declared
Full summary
Pengana Capital Group Limited (PCG.ASX) has reported its financial results for the half-year ended 31 December 2024. The company's revenue from ordinary activities increased by 92% to $34.9 million, compared to $18.2 million in the previous corresponding period. Profit after tax attributable to the owners of Pengana Capital Group Limited increased significantly by 501% to $3.5 million, compared to a loss of $873,000 in the previous corresponding period. The company's net tangible assets per ordinary security increased to 39.63 cents, up from 31.50 cents in the previous corresponding period. Pengana Capital Group declared an interim dividend of 2.0 cents per ordinary share, fully franked, to be paid on 19 March 2025 to eligible shareholders on the register on 5 March 2025. The company's investment in Pengana International Equities Limited has been reclassified to Investments accounted using the equity method during the half-year. Overall, Pengana Capital Group has delivered a strong financial performance for the half-year ended 31 December 2024.
Guidance
The company reported a 92% increase in revenue to $34.9 million and a 501% increase in profit after tax to $3.5 million for the half-year ended 31 December 2024.
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