An update from VGI Partners Ltd. ( (AU:RPL) ) is now available.
Regal Partners Limited reported a significant increase in its financial performance for the year ended 31 December 2024, with funds under management reaching $18.0 billion, a 64% increase from the previous year. The company achieved a net profit after tax of $66.2 million, with a normalized net profit of $97.5 million, marking a 198% increase. The company’s strong performance was driven by diversified investment strategies and successful acquisitions, positioning it as a leading provider of alternative investment solutions in Australia and Asia. The firm also declared a fully franked dividend of 10 cents per share, reflecting robust cash generation and a strong balance sheet.
More about VGI Partners Ltd.
Regal Partners Limited is a specialist alternative investment manager, focusing on providing diversified investment solutions. The company operates in the financial services industry, offering a range of investment strategies and asset classes, with a market focus on both domestic and large offshore institutional investors.
YTD Price Performance: -3.47%
Average Trading Volume: 361,194
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.22B
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