Centrepoint Alliance Surpasses FY24 Financial Forecasts
Company Announcements

Centrepoint Alliance Surpasses FY24 Financial Forecasts

Centrepoint Alliance Limited (AU:CAF) has released an update.

Centrepoint Alliance Limited has reported a robust fiscal year 2024, with a 20% increase in EBITDA to $9.1m, surpassing its guidance and declaring a final dividend of 1.75 cents per share. The company’s successful initiatives include the integration of Financial Advice Matters Group, the launch of IQ Managed Portfolios, and the upcoming launch of the new IconiQ investment platform. With continued growth in adviser recruitment and service offerings, Centrepoint anticipates an EBITDA between $10m to $10.5m for FY25.

For further insights into AU:CAF stock, check out TipRanks’ Stock Analysis page.

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