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Prime Financial Group Limited (ASX:PFG)

ALERT: Price-sensitive ASX Announcement for PFG
Current share price for PFG : $0.220 -0.035 (-13.73%)+
Announcement
Release
26 Aug 2025 8:56AM
Price at Release
$0.255
Full Release
download
Summary
The document is Prime Financial Group Limited's (PFG) Appendix 4E and Annual Report for the financial year ending 30 June 2024. It outlines statutory and underlying financial results, including a rise in revenue and net profit after tax, with commentary on growth in recurring revenue streams, positive EBITDA, and dividend payments. The report highlights PFG’s strategic focus on advice-led professional services, ongoing investment in talent and digital capabilities, and the impact of regulatory changes and market conditions. Corporate governance, remuneration details, and future outlook are discussed, with emphasis on continued investment and sustainable growth. The report also provides information on board members, key management personnel, and audit processes.
Key Points
  • PFG reported group revenue of $31.9 million, representing a 7% increase compared to the previous year.
  • Net profit after tax (statutory) was $3.0 million, with underlying NPAT at $3.6 million.
  • EBITDA was $7.5 million, reflecting ongoing operational efficiencies and revenue growth.
  • Strong growth in recurring revenue streams, comprising the majority of group revenue.
  • Final dividend of 1.3 cents per share declared, fully franked.
  • PFG continues to invest in professional services expansion, digital enablement, and talent acquisition.
  • The report discusses impacts from macroeconomic conditions, regulatory reform, and industry trends.
  • Corporate governance and remuneration practices are outlined, with a focus on alignment with shareholder interests.
  • Audit and risk management processes remain robust, supporting financial integrity.
  • Board and management composition, executive remuneration, and future outlook are detailed.
  • PFG aims to continue its growth strategy through strategic acquisitions, organic growth, and client-centric service delivery.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.