Latest Financial Advisers News

Mad Paws Holding Limited reported a robust 22% year-on-year growth in Gross Merchandise Value over March-April 2025, driven by marketplace momentum despite a 6% decline in group operating revenue. Strategic marketing campaigns and operational enhancements underpin the company’s growth trajectory.

betr Entertainment has unveiled a revised $360 million proposal to acquire PointsBet, backed by a $130 million fully underwritten equity raise and promising $40 million in annual cost synergies. The offer aims to outmaneuver a competing bid and accelerate integration in the Australian wagering market.

betr Entertainment has unveiled a $360 million proposal to acquire PointsBet, backed by a $130 million equity raise and promising $40 million in annual synergies. The move aims to reshape the Australian wagering landscape with enhanced funding certainty and operational integration.

HUB24 has delivered a standout first half of FY25, posting record platform net inflows of $9.5 billion and a 40% rise in underlying net profit, reinforcing its position as a market leader in Australia’s wealth management sector.

Fiducian Group has delivered a robust FY2025 half-year performance, marked by strong net inflows and a 23% rise in funds under administration, underpinning solid revenue growth and a confident dividend outlook.

St Barbara Limited has announced its intention to separate its Atlantic Gold Operations in Nova Scotia, aiming to unlock value through a Canadian-led development while concentrating on its Papua New Guinea assets.

Generation Development Group Limited (ASX:GDG) has announced a $320 million acquisition of Evidentia Group Holdings, aiming to consolidate its position as a leader in Australia's managed accounts market. The deal is supported by a fully underwritten $287.9 million equity raising and promises immediate earnings accretion.

WT Financial Group has reported a robust half-year performance for H1 FY2025, with revenue up 33.5% and underlying net profit before tax rising 35.8%, underscoring its strong position in Australia's wealth management sector.

Brookfield Capital Partners has submitted a non-binding proposal to acquire Insignia Financial at A$4.60 per share, matching rival offers and setting the stage for a competitive bidding process.

Kingston Resources delivered robust production and revenue growth at Mineral Hill in Q4 2024, while advancing a strategic review of its Misima Gold Project to unlock further value.

Equity Story Group Ltd (ASX:EQS) reports a robust December quarter marked by significant growth in funds under management, membership fees, and capital markets revenue, alongside strategic cost reductions positioning the company for sustained 2025 growth.

Mad Paws Holdings Limited has reported a strong Q2 FY25 with a 328% increase in cash EBITDA and a 16% rise in marketplace revenue, driven by a strategic above-the-line marketing campaign.