Centrepoint Alliance logs $12.3M normalised earnings
Full story: https://grafa.com/en/news/australia/centrepoint-alliance-logs-12-3m-normalised-earnings
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Centrepoint Alliance reported an unaudited normalised EBITDA of $12.3 million for the 2026 financial year.
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The reported earnings represented a 16% increase compared to the previous financial year.
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The company stated that acquisitions and adviser network growth drove the reported revenue increases.
Centrepoint Alliance (ASX:CAF) reported an unaudited normalised EBITDA of $12.3 million for the 2026 financial year.
The reported earnings exceeded the company's prior guidance range of $12.3 million.
Normalised EBITDA margins for the business improved to 29% of net revenue from 26% previously.
Centrepoint stated its network reached 576 authorised representatives, claiming this ranks it as the second largest market licensee.
Pending a full-year briefing in August, following the announcement, the Centrepoint Alliance share price was unchanged at $0.26.
The salaried advice division generated $10.3 million in revenue, aided by acquisitions of Cairns Wealth and Pinnacle Wealth.
Combined funds under management and administration for the company increased by 48% to $638.3 million.
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