Euroz Hartleys Group Limited (ASX:EZL) Reports Half-Year Financial Results
Financial Performance
Euroz Hartleys Group Limited reported revenue of $52,921,085 for the half-year ended 31 December 2024, marking a 33.15% increase compared to $39,744,560 in the previous year. Net profit after tax attributable to members surged by 501.42% to $6,255,020 from $1,040,050.
Operational Highlights
Brokerage income rose by 8.3% to $16,157,000, while wealth management fees increased by 15.7% to $10,943,000. Corporate finance revenues saw a significant jump of 79.6% to $23,640,000, and ECM raisings surged by 94.5% to $964,759,000. Funds under management grew to $4,188,261,000, up from $3,892,068,000 as of 30 June 2024.
Dividend Declaration
Euroz Hartleys declared an interim dividend of 2 cents per security, fully franked at 30%. The record date for entitlements is 11 February 2025, with dividends payable on 21 February 2025.
Financial Position
The company maintains zero debt with cash and financial assets totaling $92,926,000. Net tangible assets per share slightly increased to $0.50 from $0.49.
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