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How Is Sequoia Financial Group Tackling an 86% Profit Drop Amid Strategic Overhaul?

2:28am on Saturday 30th of August, 2025 AEST Financial Services
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How Is Sequoia Financial Group Tackling an 86% Profit Drop Amid Strategic Overhaul?

2:28am on Saturday 30th of August, 2025 AEST
Key Points
  • Revenue steady at $124.1 million, down 0.4%
  • Profit after tax plunged 86.6% to $3.23 million
  • EBITDA rose 13.7% to $9.9 million despite profit drop
  • Divestment of five non-core businesses completed
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