Netwealth Group Ltd
NWL: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.@n | LOCK|%$# | LOCK|R@X$^Qs |
Netwealth Earnings: Slightly Better but Due to Noncore Income; Core Business Slightly Underwhelmed
Netwealth's underlying net profit after tax for fiscal 2025 increased 40% to AUD 117 million. This follows a year of record inflows, with EBITDA margins up to 50% from 49%.
