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Sequoia’s post-InterPrac reset reveals a cash-rich but shrinking business
11:33am on Friday 30th of October, 2026 AEDT
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Financial Services
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Sequoia’s post-InterPrac reset reveals a cash-rich but shrinking business
11:33am on Friday 30th of October, 2026 AEDT
Key Points
Q1 FY27 revenue fell 58.3% to A$12.9 million
Pretax result swung from a A$2.1 million profit to a A$0.5 million loss
InterPrac had 66 advisers, with about 20 intending to leave
Cash rose to A$11.4 million after A$11.2 million from Centrepoint Alliance share sales
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