Appendix 4E and FY24 Annual Report

• Net Profit After Tax (NPAT) of $3.4 million, up $3.3 million on last year
• Operating expenses reduced by 16.6% through right-sizing and customer-led approach
• Funds under Administration grew 13% to $10.7 billion

SelfWealth Limited has reported a strong financial performance for the year ended 30 June 2024, with a Net Profit After Tax (NPAT) of $3.4 million, up $3.3 million on the previous year. This result is testament to the effectiveness of the company's transformation program, which has focused on right-sizing the business and pivoting to a more customer-led approach. During the year, SelfWealth has continued to reduce its operating cost base by 16.6%, while maintaining its loyal customer base of approximately 129,000 Active Portfolios. Importantly, the company achieved Funds under Administration growth of 13% to $10.7 billion. Revenue of $27.6 million was 6.1% lower than the previous year, affected by softer macroeconomic conditions.The company's financial position remains sound, with year-end cash at bank of $11.4 million and no debt. This, combined with SelfWealth's strong cash flow management and healthy balance sheet, allows the business to effectively fund and execute its long-term strategy for profitable growth.The company has also completed a refresh of its Board and leadership team, appointing a new CEO, Chief Commercial Officer, and several other key executives with deep industry experience. This new team is integral in driving the company's growth plans and business performance.Looking ahead, SelfWealth is positioned strategically for long-term growth, with a focus on opportunities to increase revenue, margins, and deliver new features and products to its loyal customer base.

SelfWealth expects to continue its strong financial performance, with a focus on opportunities to increase revenue, margins, and deliver new features and products to its loyal customer base. The company has no debt and a healthy cash position, which will allow it to effectively fund and execute its long-term strategy.

SelfWealth is positioned strategically for long-term growth, with a new and experienced management team that will continue to drive the completion of the company's transformation program and focus on opportunities to enhance customer experiences and assess new revenue streams.