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AWAG Turns Profit in First Full ASX Year, Eyes Expansion with $2.3B FUMA
10:48pm on Friday 29th of August, 2025 AEST
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Financial Services
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AWAG Turns Profit in First Full ASX Year, Eyes Expansion with $2.3B FUMA
10:48pm on Friday 29th of August, 2025 AEST
Key Points
First full year as ASX-listed entity with $1.18 million NPBT
Revenue growth of 13% to $11.38 million
Funds under Management and Advice (FUMA) increased to $2.3 billion
Strong returns from corporate investments including Evans & Partners and Sequoia Financial Group
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The Australian Wealth Advisors (ASX:WAG)
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