Cash flow Netwealth Group Limited

Stocks

NWL

AU000000NWL7

Investment Management & Fund Operators

Market Closed - Australian S.E. 09:11:29 18/09/2026 +03			5-day change	1st Jan Change
18.86 ^AUD	+1.51%		-0.95%	-26.53%

09-15	ASX Preview: Australian Shares to Fall as Gold Slides, Oil Surge; New Hope Fiscal 2026 Earnings, Revenue Down	MT
09-15	Netwealth Group to Acquire AI Adviser Workflow Provider Paradino	MT

13309dda9f4f6d0100f3d55fe.mBa6__X4dVyC_FVkjrb0WA2Wt1X0D5eWRngBNVv5VNQ.0lHjzqbKIS7VpAwg-vTAGmPi-y3MNuTDChxbUhG7ZKyudNiIt5UgD82dJg

Published financial data: NETWEALTH GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Revenues	170M	207M	250M	316M	383M
Gain (Loss) on Sale of Investment, Total (Rev)	-152K	84K	-2K	1.22M	-176K
Interest And Invest. Income (Rev)	351K	3.16M	5.63M	6.7M	6.95M
Other Revenues, Total	3.57M	4.5M	94K	110K	3K
Total Revenues	173M	215M	255M	324M	390M
Cost of Goods Sold, Total	66.89M	77.89M	90.27M	109M	135M
Gross Profit	106M	137M	165M	216M	255M
Selling General & Admin Expenses, Total	8.28M	24.23M	27.21M	37.08M	50.45M
Stock-Based Compensation (IS)	-	2.38M	3M	1.76M	2.06M
Depreciation & Amortization - (IS)	2.62M	2.64M	2.73M	3.09M	3.41M
Amortization of Goodwill and Intangible Assets - (IS)	366K	642K	924K	2.68M	4.74M
Other Operating Expenses	13.14M	4.56M	5.25M	7.28M	7.99M
Other Operating Expenses, Total	24.41M	34.45M	39.12M	51.89M	68.66M
Operating Income	82M	102M	126M	164M	186M
Interest Expense, Total	-497K	-451K	-572K	-601K	-2.08M
Net Interest Expenses	-497K	-451K	-572K	-601K	-2.08M
Income (Loss) On Equity Invest.	-393K	-377K	-269K	-12K	-
Other Non Operating Income (Expenses)	-	-4.57M	-4.56M	-6.2M	-108M
EBT, Excl. Unusual Items	81.11M	97.01M	120M	157M	76.01M
Other Unusual Items	-	-	-	-	1.45M
EBT, Incl. Unusual Items	81.11M	97.01M	120M	157M	77.46M
Income Tax Expense	25.56M	29.86M	37.08M	40.59M	16.8M
Earnings From Continuing Operations	55.55M	67.15M	83.37M	117M	60.65M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	55.55M	67.15M	83.37M	117M	60.65M
Net Income - (IS)	55.55M	67.15M	83.37M	117M	60.65M
Net Income to Common Incl Extra Items	55.55M	67.15M	83.37M	117M	60.65M
Net Income to Common Excl. Extra Items	55.55M	67.15M	83.37M	117M	60.65M
Per Share Items
Net EPS - Basic	0.23	0.28	0.34	0.48	0.25
Basic EPS - Continuing Operations	0.23	0.28	0.34	0.48	0.25
Basic Weighted Average Shares Outstanding	244M	244M	244M	245M	245M
Net EPS - Diluted	0.23	0.27	0.34	0.48	0.25
Diluted EPS - Continuing Operations	0.23	0.27	0.34	0.48	0.25
Diluted Weighted Average Shares Outstanding	244M	244M	244M	245M	246M
Normalized Basic EPS	0.21	0.25	0.31	0.4	0.19
Normalized Diluted EPS	0.21	0.25	0.31	0.4	0.19
Dividend Per Share	0.2	0.24	0.28	0.38	0.42
Payout Ratio	85.58	76.26	79.01	66.14	169.86
Supplemental Items
EBITDA	82.87M	103M	127M	165M	187M
EBITA	82.06M	102M	126M	164M	186M
EBIT	82M	102M	126M	164M	186M
EBITDAR	82.97M	103M	127M	165M	187M
Total Revenues (As Reported)	173M	215M	255M	324M	391M
Effective Tax Rate - (Ratio)	31.51	30.78	30.78	25.83	21.7
Current Domestic Taxes	26.95M	29.26M	37.91M	43.56M	18.11M
Total Current Taxes	26.95M	29.26M	37.91M	43.56M	18.11M
Deferred Domestic Taxes	-1.35M	612K	-836K	-1.48M	-1.15M
Total Deferred Taxes	-1.35M	612K	-836K	-1.48M	-1.15M
Normalized Net Income	50.69M	60.63M	75.28M	98.19M	47.5M
Interest on Long-Term Debt	497K	451K	573K	601K	2.11M
Supplemental Operating Expense Items
Advertising Expense	-	2.84M	3.07M	3.74M	3.91M
Selling and Marketing Expenses	-	2.84M	3.07M	3.74M	3.91M
General and Administrative Expenses	8.28M	18.27M	20.66M	29.98M	43.27M
Net Rental Expense, Total	100K	100K	200K	250K	310K
Imputed Operating Lease Interest Expense	25.23K	25.17K	64.22K	84.59K	123K
Imputed Operating Lease Depreciation	74.77K	74.83K	136K	165K	187K
Stock-Based Comp., COGS (Total)	3.05M	-	-	-	-
Stock-Based Comp., Other (Total)	-	2.38M	3M	1.76M	2.06M
Total Stock-Based Compensation	3.05M	2.38M	3M	1.76M	2.06M

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Assets
Cash And Equivalents	88.38M	109M	127M	149M	149M
Short Term Investments	-	-	-	24M	24M
Trading Asset Securities, Total	1.09M	491K	682K	527K	452K
Total Cash And Short Term Investments	89.46M	110M	127M	173M	174M
Accounts Receivable, Total	18.95M	22.44M	27.22M	33.48M	37.74M
Other Receivables	686K	87K	79K	88K	4.7M
Total Receivables	19.64M	22.53M	27.3M	33.57M	42.44M
Prepaid Expenses	5.12M	3.88M	3.32M	4.44M	6.66M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	114M	136M	158M	211M	223M
Gross Property Plant And Equipment	19.15M	17.86M	19.29M	19.2M	19.05M
Accumulated Depreciation	-2.95M	-3.59M	-4.01M	-4.96M	-5.94M
Net Property Plant And Equipment	16.2M	14.28M	15.29M	14.24M	13.11M
Long-term Investments	1.99M	2.53M	1.34M	-	-
Goodwill	-	-	-	1.67M	1.67M
Other Intangibles, Total	2.22M	6.51M	9.64M	24.35M	31.39M
Loans Receivable Long-Term	-	-	2.2M	-	-
Deferred Tax Assets Long-Term	1.58M	2.19M	3.03M	6M	7.15M
Total Assets	136M	162M	189M	257M	276M
Liabilities
Accounts Payable, Total	7.79M	10.68M	13.06M	23.07M	29.11M
Accrued Expenses, Total	7.17M	8.47M	9.7M	11.11M	12.89M
Current Portion of Long-Term Debt	-	-	-	-	23.34M
Current Portion of Leases	1.5M	1.44M	1.77M	2M	571K
Current Income Taxes Payable	1.09M	4.98M	6.13M	7.42M	-
Other Current Liabilities	89K	174K	160K	210K	241K
Total Current Liabilities	17.64M	25.74M	30.83M	43.81M	66.16M
Long-Term Debt	-	-	-	-	34.99M
Long-Term Leases	13.59M	12.15M	13.14M	11.51M	11.51M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	732K	946K	996K	2.86M	1.73M
Total Liabilities	31.96M	38.84M	44.97M	58.18M	114M
Common Stock, Total	26.56M	27.23M	28.38M	42.03M	45.8M
Retained Earnings	73.1M	89.05M	107M	146M	104M
Comprehensive Income and Other	4.58M	6.77M	9.59M	11.1M	12.46M
Total Common Equity	104M	123M	145M	199M	162M
Total Equity	104M	123M	145M	199M	162M
Total Liabilities And Equity	136M	162M	189M	257M	276M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	244M	232M	244M	245M	245M
ECS Total Common Shares Outstanding	244M	244M	244M	245M	245M
Book Value / Share	0.43	0.5	0.59	0.81	0.66
Tangible Book Value	102M	117M	135M	173M	129M
Tangible Book Value Per Share	0.42	0.48	0.55	0.71	0.52
Tangible Book Value Per Share (As Reported)	0.42	0.48	0.55	0.71	0.52
Total Debt	15.09M	13.59M	14.92M	13.5M	70.41M
Net Debt	-74.38M	-96.39M	-112M	-160M	-103M
Debt Equivalent Oper. Leases	800K	800K	1.6M	2M	2.48M
Equity Method Investments, Total	1.99M	1.61M	1.34M	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	3.65M	4.17M	4.66M	6.26M	7.71M
Full Time Employees	500	485	539	636	790
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	17K	24K	45K

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Net Income	55.55M	67.15M	83.37M	117M	60.65M
Depreciation & Amortization - CF	2.62M	2.64M	2.73M	3.09M	3.41M
Amortization of Goodwill and Intangible Assets - (CF)	60K	60K	-	-	-
Depreciation & Amortization, Total	2.68M	2.7M	2.73M	3.09M	3.41M
Amortization of Deferred Charges, Total - (CF)	306K	582K	924K	2.68M	4.72M
(Gain) Loss From Sale Of Asset	9K	-	10K	-	-
(Gain) Loss on Sale of Investments - (CF)	152K	-56K	8K	-1.22M	-1.28M
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	393K	377K	269K	12K	-
Stock-Based Compensation (CF)	3.05M	2.38M	3M	1.76M	2.06M
Provision and Write-off of Bad Debts	-	-	17K	12K	102K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-4.65M	3.26M	217K	-214K	1.56M
Change In Accounts Receivable	-332K	-3.17M	-4.54M	-5.39M	-4.26M
Change In Accounts Payable	627K	3.31M	2.43M	10.18M	-6.84M
Change in Other Net Operating Assets	1.82M	2.69M	1.54M	-588K	-493K
Cash from Operations	59.6M	79.23M	89.98M	127M	59.63M
Capital Expenditure	-1.14M	-709K	-846K	-1.61M	-1.72M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-7.74M	-
Sale (Purchase) of Intangible assets	-1.86M	-4.93M	-4.06M	-6.29M	-11.75M
Investment in Marketable and Equity Securities, Total	-703K	651K	-200K	-23.85M	20K
Other Investing Activities, Total	-	-	2K	-	4K
Cash from Investing	-3.7M	-4.99M	-5.11M	-39.5M	-13.45M
Long-Term Debt Issued, Total	-	-	-	-	70M
Total Debt Issued	-	-	-	-	70M
Long-Term Debt Repaid, Total	-1.41M	-1.5M	-1.58M	-1.84M	-13.66M
Total Debt Repaid	-1.41M	-1.5M	-1.58M	-1.84M	-13.66M
Issuance of Common Stock	-	479K	970K	13.4M	3.07M
Common Dividends Paid	-47.54M	-51.21M	-65.87M	-77.07M	-103M
Common & Preferred Stock Dividends Paid	-47.54M	-51.21M	-65.87M	-77.07M	-103M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-	-900K	-1.2M	-	-1.68M
Cash from Financing	-48.96M	-53.13M	-67.68M	-65.51M	-45.3M
Net Change in Cash	6.96M	21.11M	17.19M	21.84M	878K
Supplemental Items
Cash Interest Paid	498K	451K	573K	601K	2.08M
Cash Income Tax Paid (Refund)	30.19M	26.58M	36.76M	40.76M	29.95M
Levered Free Cash Flow	46.5M	70.25M	80.59M	107M	101M
Unlevered Free Cash Flow	46.81M	70.53M	80.94M	107M	102M
Change In Net Working Capital	7.48M	-6.51M	-534K	-5.37M	10.66M
Net Debt Issued / Repaid	-1.41M	-1.5M	-1.58M	-1.84M	56.34M

Fiscal Period: June	2022 (AUD)	2023 (AUD)	2024 (AUD)	2025 (AUD)	2026 (AUD)
Profitability
Return on Assets	38.34	42.94	44.77	45.86	43.56
Return on Total Capital	44.77	50.01	53.14	55.07	52.24
Return On Equity %	56.28	59.09	62.32	67.81	33.6
Return on Common Equity	56.28	59.09	62.32	67.81	33.6
Margin Analysis
Gross Profit Margin %	61.4	63.73	64.64	66.52	65.34
SG&A Margin	4.78	11.28	10.66	11.43	12.95
EBITDA Margin %	47.82	48.1	49.59	50.82	48.04
EBITA Margin %	47.35	47.72	49.31	50.52	47.72
EBIT Margin %	47.32	47.69	49.31	50.52	47.72
Income From Continuing Operations Margin %	32.05	31.27	32.66	35.91	15.56
Net Income Margin %	32.05	31.27	32.66	35.91	15.56
Net Avail. For Common Margin %	32.05	31.27	32.66	35.91	15.56
Normalized Net Income Margin	29.25	28.23	29.49	30.27	12.19
Levered Free Cash Flow Margin	26.83	32.71	31.57	33	25.91
Unlevered Free Cash Flow Margin	27.01	32.84	31.71	33.12	26.24
Asset Turnover
Asset Turnover	1.3	1.44	1.45	1.45	1.46
Fixed Assets Turnover	10.25	14.09	17.27	21.98	28.5
Receivables Turnover (Average Receivables)	9.54	10	10.05	10.42	10.75
Short Term Liquidity
Current Ratio	6.47	5.3	5.12	4.82	3.37
Quick Ratio	6.18	5.15	5.02	4.72	3.27
Operating Cash Flow to Current Liabilities	3.38	3.08	2.92	2.9	0.9
Days Sales Outstanding (Average Receivables)	38.27	36.49	36.42	35.01	33.95
Average Days Payable Outstanding	40.72	43.3	48.15	60.71	70.5
Long Term Solvency
Total Debt/Equity	14.47	11.04	10.32	6.78	43.49
Total Debt / Total Capital	12.64	9.94	9.35	6.35	30.31
LT Debt/Equity	13.03	9.87	9.09	5.78	28.72
Long-Term Debt / Total Capital	11.39	8.89	8.24	5.41	20.02
Total Liabilities / Total Assets	23.47	23.99	23.73	22.61	41.4
EBIT / Interest Expense	164.99	227.07	220.03	272.74	89.48
EBITDA / Interest Expense	170.38	233.05	224.8	277.88	91.12
(EBITDA - Capex) / Interest Expense	168.09	231.48	223.32	275.2	90.29
Total Debt / EBITDA	0.18	0.13	0.12	0.08	0.37
Net Debt / EBITDA	-0.88	-0.92	-0.87	-0.96	-0.55
Total Debt / (EBITDA - Capex)	0.18	0.13	0.12	0.08	0.38
Net Debt / (EBITDA - Capex)	-0.89	-0.92	-0.88	-0.96	-0.55
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.62	21.58	18.86	27.11	20.11
Gross Profit, 1 Yr. Growth %	12.75	21.34	20.54	30.81	17.98
EBITDA, 1 Yr. Growth %	5.66	18.01	22.55	30.24	13.53
EBITA, 1 Yr. Growth %	5.83	18.15	22.82	30.24	13.44
EBIT, 1 Yr. Growth %	5.84	18.17	22.89	30.24	13.44
Earnings From Cont. Operations, 1 Yr. Growth %	2.68	20.88	24.15	39.76	-47.95
Net Income, 1 Yr. Growth %	2.68	20.88	24.15	39.76	-47.95
Normalized Net Income, 1 Yr. Growth %	5.02	19.61	24.16	30.43	-51.62
Diluted EPS Before Extra, 1 Yr. Growth %	1.03	20.69	24	39.3	-48
Accounts Receivable, 1 Yr. Growth %	14.14	18.42	21.3	22.99	12.73
Net Property, Plant and Equip., 1 Yr. Growth %	-8.04	-11.9	7.08	-6.88	-7.88
Total Assets, 1 Yr. Growth %	3.88	18.85	17.05	35.8	7.37
Tangible Book Value, 1 Yr. Growth %	10.35	14.23	15.73	28.35	-25.58
Common Equity, 1 Yr. Growth %	11.87	18.04	17.45	37.79	-18.7
Cash From Operations, 1 Yr. Growth %	57.65	32.92	13.57	40.97	-52.99
Capital Expenditures, 1 Yr. Growth %	93.86	-37.59	19.32	90.66	6.88
Levered Free Cash Flow, 1 Yr. Growth %	38.93	42.15	14.71	32.87	-5.7
Unlevered Free Cash Flow, 1 Yr. Growth %	39.69	41.83	14.76	32.75	-4.82
Dividend Per Share, 1 Yr. Growth %	7.76	20	16.67	37.5	9.09
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	18.26	21.75	20.21	22.91	23.56
Gross Profit, 2 Yr. CAGR %	13.69	20.42	20.94	25.57	24.23
EBITDA, 2 Yr. CAGR %	11.95	14.76	20.26	26.34	21.6
EBITA, 2 Yr. CAGR %	14.2	14.96	20.46	26.48	21.55
EBIT, 2 Yr. CAGR %	14.21	14.97	20.51	26.52	21.55
Earnings From Cont. Operations, 2 Yr. CAGR %	12.8	11.41	22.51	31.72	-14.71
Net Income, 2 Yr. CAGR %	12.8	11.41	22.51	31.72	-14.71
Normalized Net Income, 2 Yr. CAGR %	13.7	12.08	21.86	27.26	-20.56
Diluted EPS Before Extra, 2 Yr. CAGR %	11.36	10.44	22.34	31.43	-14.89
Accounts Receivable, 2 Yr. CAGR %	26.75	16.26	19.85	22.14	17.75
Net Property, Plant and Equip., 2 Yr. CAGR %	59.73	-9.99	-2.87	-0.14	-7.38
Total Assets, 2 Yr. CAGR %	10.33	11.12	17.95	26.08	20.75
Tangible Book Value, 2 Yr. CAGR %	16.07	12.27	14.98	21.88	-2.27
Common Equity, 2 Yr. CAGR %	17.09	14.91	17.74	27.21	5.84
Cash From Operations, 2 Yr. CAGR %	0.16	44.76	22.87	26.53	-18.6
Capital Expenditures, 2 Yr. CAGR %	11.42	10	-13.7	50.83	42.75
Levered Free Cash Flow, 2 Yr. CAGR %	-5.8	44.87	27.7	23.46	11.93
Unlevered Free Cash Flow, 2 Yr. CAGR %	-5.56	45.07	27.58	23.43	12.4
Dividend Per Share, 2 Yr. CAGR %	16.64	13.71	18.32	26.66	22.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	20.61	20.12	20.78	22.47	21.97
Gross Profit, 3 Yr. CAGR %	17.01	18.46	20.46	24.14	22.99
EBITDA, 3 Yr. CAGR %	16.86	16.03	17.3	23.5	21.92
EBITA, 3 Yr. CAGR %	16.98	17.65	17.52	23.64	21.97
EBIT, 3 Yr. CAGR %	17	17.66	17.55	23.67	22
Earnings From Cont. Operations, 3 Yr. CAGR %	16.43	15.43	15.5	28.01	-3.34
Net Income, 3 Yr. CAGR %	17.44	15.43	15.5	28.01	-3.34
Normalized Net Income, 3 Yr. CAGR %	16.57	15.63	15.97	24.65	-7.81
Diluted EPS Before Extra, 3 Yr. CAGR %	15.43	14.4	14.79	27.75	-3.52
Accounts Receivable, 3 Yr. CAGR %	23.99	23.91	17.92	20.89	18.92
Net Property, Plant and Equip., 3 Yr. CAGR %	85.63	30.99	-4.63	-4.22	-2.79
Total Assets, 3 Yr. CAGR %	18.71	13.1	13.06	23.62	19.5
Tangible Book Value, 3 Yr. CAGR %	17.15	15.45	13.41	19.27	3.4
Common Equity, 3 Yr. CAGR %	17.75	17.41	15.75	24.08	9.58
Cash From Operations, 3 Yr. CAGR %	13.51	10.07	33.51	28.63	-9.04
Capital Expenditures, 3 Yr. CAGR %	24.2	-8.15	13.02	12.4	34.47
Levered Free Cash Flow, 3 Yr. CAGR %	10.24	10.26	34.03	29.4	12.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	10.48	10.35	34.17	29.28	13.18
Dividend Per Share, 3 Yr. CAGR %	18.24	17.75	14.69	24.4	20.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	23.12	20.86	20.91	21.23	21.88
Gross Profit, 5 Yr. CAGR %	23.9	20.21	19.96	21.25	21.95
EBITDA, 5 Yr. CAGR %	26.95	28.17	19.51	20.05	19
EBITA, 5 Yr. CAGR %	27.26	28.55	19.68	21.1	19.12
EBIT, 5 Yr. CAGR %	28.3	28.54	19.71	21.13	19.14
Earnings From Cont. Operations, 5 Yr. CAGR %	27.75	27.9	18.82	21.69	2.31
Net Income, 5 Yr. CAGR %	32.59	26.39	19.44	21.69	2.31
Normalized Net Income, 5 Yr. CAGR %	28.02	27.15	18.66	20.15	-0.32
Diluted EPS Before Extra, 5 Yr. CAGR %	25.15	26.65	18.15	20.93	1.84
Accounts Receivable, 5 Yr. CAGR %	80.83	25.86	22.32	23.2	17.85
Net Property, Plant and Equip., 5 Yr. CAGR %	44.04	37.93	43.26	17.52	-5.74
Total Assets, 5 Yr. CAGR %	16.49	15.5	18.4	18.12	16.07
Tangible Book Value, 5 Yr. CAGR %	14.75	11.68	16.27	17.98	6.86
Common Equity, 5 Yr. CAGR %	15.19	12.79	17.75	21.24	11.68
Cash From Operations, 5 Yr. CAGR %	35.97	34.42	17.16	16.38	9.54
Capital Expenditures, 5 Yr. CAGR %	0.18	-4.89	7.37	12.01	24.09
Levered Free Cash Flow, 5 Yr. CAGR %	239.57	14.55	18.35	15.36	24.71
Unlevered Free Cash Flow, 5 Yr. CAGR %	240.02	14.64	18.45	15.41	25
Dividend Per Share, 5 Yr. CAGR %	-	34.86	18.27	21.24	17.74