Centrepoint Alliance Interim Financial Report and Appendix 4D Highlights

Centrepoint Alliance Limited (ASX: $CAF) has reported a strong financial performance for the six months ended 31 December 2023. The company achieved a normalised EBITDA of $4.1m, representing an 11% increase from H1 FY23, driven by organic growth and the recent acquisition of Financial Advice Matters Group Pty Ltd (FAM). The interim fully franked ordinary dividend of 1.0c was declared on 23 February 2024 with a payment date of 18 March 2024. Centrepoint Alliance also noted a gross revenue increase of $6.3m (+4.7% on PCP) and flat management expenses on PCP, with cost to income at 75% improved over PCP due to gross profit increase.

Executive Commentary on H1 FY24 Performance and Strategic Initiatives

As the newly appointed Chair, I am proud to be part of a company that plays such an important role in providing essential services to the financial advice industry. Our executive team has consistently delivered strong results, benefiting from acquisitions, organic adviser growth, and disciplined cost management. The business is well placed with our strong community of advisers providing scale. I am confident, our pipeline of strategic initiatives will deliver future growth as we continue to build our powerful wealth platform. - Centrepoint Chair, Georg Chmiel. Centrepoint Alliance is at an incredibly exciting phase of its development. The business has significant scale thanks to the trust placed in us by the 1,338 advisers we service. With the current dislocation in the market, we are seeing significant opportunity as advisers look for a licensee they can trust to help them with the services they need to manage their business. The recent acquisition of FAM is an important step to build a larger profitable salaried advice business complementing our licensee services. The pending launch of the IconiQ Platform and iQ portfolios launched in December will further expand the services we can offer our community of advisers. - Centrepoint CEO, John Shuttleworth.

Summary of Centrepoint Alliance Interim Financial Report and Strategic Initiatives

Centrepoint Alliance Limited (ASX: $CAF) has delivered a strong financial performance in H1 FY24, driven by organic growth and the acquisition of Financial Advice Matters Group Pty Ltd. The company's strategic initiatives include the launch of a new range of managed accounts, the iQ Portfolios, and a partnership with FNZ to launch a new platform under the IconiQ brand name. These initiatives are expected to contribute to future growth. With a commitment to service excellence and a strong community of advisers, Centrepoint Alliance is well-positioned to capitalize on the current market dislocation and continue building its powerful wealth platform. The pending launch of the IconiQ Platform and iQ portfolios further demonstrates the company's dedication to expanding the services offered to its community of advisers, reinforcing its position as a research-driven open architecture provider of platforms and investment solutions.