Count (CUP) H1 2025 earnings summary

Executive summary

• Achieved strong half-year FY2025 results with 54% revenue growth, significant profit increases, and robust demand for financial planning and accounting services, driven by organic expansion, acquisitions, and successful integration of Diverger assets.

• Funds Under Advice reached AUD 36.2 billion (+6% vs. 30 June 2024); Funds Under Management at AUD 3.54 billion (+12%).

• Completed six acquisitions, including bolt-on deals and the full integration of Diverger, while divesting underperforming assets to uplift returns.

• Interim dividend increased by 17% to AUD 1.75 cents per share, fully franked, with a Dividend Reinvestment Plan introduced.

• Management focused on both organic and inorganic growth, exceeding cost synergy estimates and closing the integration office.

Financial highlights

• Revenue increased by 54% year-over-year to AUD 74 million; statutory EBITA reached AUD 12.5 million (+168%), and underlying EBITA was AUD 13.9 million (+141%).

• Underlying NPAT attributable rose to AUD 5 million, a 541% increase year-over-year.

• Underlying EBITA margin improved from 13% to 19% year-over-year.

• Operating cash flow before interest and tax was AUD 11.8 million (+117%); net operating cash flow was AUD 8.8 million (+162%).

• Interim dividend increased by 17% to AUD 1.75 per share, with a new Dividend Reinvestment Plan.

Outlook and guidance

• Focus on driving organic revenue growth, leveraging unified sales and marketing, and integrating technology platforms.

• On track to deliver more than AUD 4 million in annualized cost synergies for the full year.

• Strategic plan targets leadership in integrated accounting and wealth services, with a strong M&A pipeline and disciplined acquisition strategy.

• Increased debt facility by AUD 10 million to support ongoing inorganic growth.

• Transformation program underway to unify technology platforms and expand education and expertise services.