WT Financial Group’s Strong Growth Leads to Dividends
Company Announcements

WT Financial Group’s Strong Growth Leads to Dividends

WT Financial Group Ltd. (AU:WTL) has released an update.

WT Financial Group Ltd. reports a robust financial performance for FY2024, with a notable 15.3% increase in revenue to $185.1M and a substantial 51.4% rise in underlying net profit before tax, achieving more than 50% growth for the fourth consecutive year. The strong cash flow has enabled the company to resume biannual dividends, starting with a fully franked dividend of 0.4 cents. The company’s commitment to the modernization of the advice profession is credited for its compounding growth and optimistic future outlook.

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

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