Count Limited's transformative FY2024 performance

Count Limited (ASX:CUP) has experienced a transformative year in FY2024, marking significant growth and achievements. Under the leadership of CEO and Managing Director Hugh Humphrey, the company executed strategic acquisitions including Diverger and 14 other firms. This expansion made Count the second-largest wealth management advice firm in Australia by Authorised Financial Advisers. Count's integrated model of accounting and wealth management services has driven strong financial performance and positions the company for future growth.

Count Limited's strategic trajectory and outlook

Count Limited has delivered impressive financial results in FY2024, with a +61% increase in underlying EBITA and a +68% rise in NPAT attributable to shareholders. The acquisition of Diverger and other firms has expanded its market presence, making it the second-largest wealth management advice firm in Australia. The company’s integrated model combines accounting and wealth management services, providing substantial value and driving growth. Looking ahead, Count aims to capitalize on opportunities in intergenerational wealth transfer and rising demand for financial planning. With a focus on both acquisitive and organic growth, Count plans to leverage synergies from past acquisitions and continue its strategic execution into FY2025, supported by strong Q1 results and an upgraded cost synergy target.

Insights from Count Limited's leadership

The strategic initiatives and acquisitions have significantly expanded our capabilities and market position. Our integrated model continues to deliver superior returns, and we are focused on leveraging these synergies for ongoing growth,' said Hugh Humphrey, CEO and Managing Director.