Count (ASX: $CUP) Half Year 2024 Business Update

Count Limited (ASX: $CUP) has reported a strong underlying result for the Half Year 2024 (HY24) with an increase in Underlying EBITA by 9% to $5,436. The company also maintained its interim dividend at 1.5 cents per share. Count's strategic plan with five growth pillars aims to position the company as the leading provider of integrated accounting and wealth services.

Executive Commentary on HY24 Performance

Our bold ambition is supported by a strategic plan with five growth pillars, focusing on integrated accounting and wealth services. The strong underlying result in HY24, with a 9% increase in Underlying EBITA to $5,436, reflects our commitment to delivering growth through acquisitions and solid operational performance. We are pleased to maintain the interim dividend at 1.5 cents per share, demonstrating our confidence in the company's performance and outlook.

Summary of HY24 Business Update and Outlook

Count Limited's HY24 Business Update highlights a strong performance with a 9% increase in Underlying EBITA to $5,436 and the maintenance of the interim dividend at 1.5 cents per share. The company's strategic focus on integrated accounting and wealth services, along with a strong pipeline of opportunities, positions Count for sustainable growth. With a significant addressable market and a history of successful acquisitions, Count aims to drive growth organically and through accretive acquisitions, while expanding its services offerings and profitability. The integration of Diverger into the Count brand is a key priority, and the company remains focused on delivering cost synergies and driving higher returns from increased scale and diversification in the Wealth segment. Count's outlook for FY24 emphasizes its commitment to sustainable growth and strong capital management discipline.