Count delivers strong profit growth and increases dividend

Count Limited (Count or the Company) (ASX: CUP) has today released its 1H25 financial results for the six months ending 31 December 2024.

Count delivers strong profit growth and increases dividend

Count Limited (Count or the Company) (ASX: CUP) has today released its 1H25 financial results for the six months ending 31 December 2024.

Count Limited (Count or the Company) (ASX: CUP) has today released its 1H25 financial results for the six months ending 31 December 2024. 

Key highlights include:

  • Statutory profit attributable to Count shareholders: $4.0m, an increase of +541%on the Prior Corresponding Period (PCP)
  • Statutory revenue: $73.9m, up +54% on PCP
  • Underlying Earnings Before Interest, Tax and Amortisation (EBITA): $13.9m, up+141% on PCP
  • Underlying EBITA margin: Increased to 19% from 13% in the PCP
  • Funds Under Advice (FUA): $36.2b, up +6% on 30 June 2024 balance
  • Funds Under Management (FUM): $3.5b, up +12% on 30 June 2024 balance
  • Significant expansion of Services segment revenue: $15.6m, up +404% on PCP
  • Acquisition strategy: six transactions successfully completed
  • Diverger integration program: Completed. Delivering annualised run rate costsynergies of over $4m in FY25
  • Clients served: Over 155,000 in the period
  • Interim dividend: 1.75 cents per share, up +17% on PCP

Hugh Humphrey, Chief Executive Officer, said:

"Strong client demand for accounting and financial planning, coupled with the successful completion of the Diverger integration has strengthened Count’s position as a leading diversified financial services business. The Group is well positioned to meet growing demand through our three segments – Wealth, Equity Partnerships and Services. 

Our ongoing investment into our Separately Managed Accounts (SMAs) continues a 17-year legacy of robust portfolio and investment decisions in changing markets. New firms have embraced the advice philosophy and we continue to enhance and scale client engagement tools for advisers to better meet the investment needs of their clients. 

Our disciplined execution of our growth strategy has seen Count achieve significant milestones, including SMA FUM growing to A$3.5b and six successful acquisitions completed in the six-month period. Most importantly we’re serving a growing client base. In 1H25 we provided 155,000 Australians with accounting and financial planning services, while delivering improved shareholder returns with a +17% increase in the interim dividend."

Mr Humphrey concluded.

Investor presentation