WT Financial Group Delivers Strong Indicative FY25 Result with 21% Lift in Underlying Profit

Jane Morgan Management

WT Financial Group Limited (ASX:WTL) has released its indicative results for the financial year ended 30 June 2025, reporting strong year-on-year growth across all key financial metrics. The Company achieved a 21% increase in underlying net profit before tax (NPBT) to $5.4 million, compared to $4.5 million in FY24, reflecting robust operational performance and disciplined cost management.

Revenue and other income for the year rose 17% to $216.1 million (FY24: $185.5 million), driven by organic growth across its national adviser network and continued momentum in both its business-to-business (B2B) and business-to-consumer (B2C) channels. Direct cost of sales increased to $195.0 million (FY24: $167.4 million), yielding a gross profit of $21.1 million — up 17% from the previous year.

Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 13% to $6.8 million, despite a rise in total operating expenses to $14.4 million as the Company continued to invest in service delivery, compliance, and adviser support infrastructure. Depreciation and amortisation costs remained stable at $634,000, contributing to a 15% increase in underlying EBIT to $6.2 million.

The Company also benefited from a 15% reduction in interest expenses to $773,000, further supporting bottom-line growth. Statutory NPBT is expected to match the underlying result of $5.4 million, as the impact of one-off income and expenses was minimal during the year. In FY24, the statutory result included a net positive adjustment of $357,000 from one-off items.

Operating cash flow for the year was solid at $5.8 million (FY24: $5.4 million), with cash and cash equivalents rising 22% to $9.8 million at year-end. This was achieved despite $2.1 million in dividend payments and a final $1.0 million deferred consideration related to a prior acquisition — underscoring the Company’s strong balance sheet and capital management discipline.

WTL continues to maintain one of Australia’s largest financial adviser networks through its Wealth Today, Sentry Advice, Synchron Advice, and Millennium3 licensee groups. Its B2C operations, delivered via Spring Financial Group, complement the B2B segment by directly engaging wholesale and retail clients.

The Group also operates a dedicated Wealth Adviser division, which functions as a central services hub for internal and external advisers. This includes the delivery of professional development programs, livestreamed seminars, and a growing library of financial literacy publications.

In FY25, WTL also launched a new joint venture vehicle, WTL & MWP Investco Pty Ltd, in partnership with Merchant Wealth Partners. The initiative aims to provide long-term strategic capital to high-potential advice businesses within and beyond the WTL network, marking a key step in the Group’s expansion strategy.

A webinar to provide investors with further details will be held at:

🕧 10.30am AEST, Thursday 7 August 2025
🎤 Presenter: Keith Cullen (WTL), Founder and CEO
🔗 Register here:
      https://zoom.us/webinar/register/WN_RcpKPjhPRyiwTqmLoM_15w

Questions can also be submitted ahead of time to:
[email protected]

WT Financial Group expects to lodge its FY25 Appendix 4E and audited financial statements no later than 29 August 2025, with the full Annual Report to follow by mid-September. No material variances to the indicative results are anticipated.

WT Financial Group Limited has established itself as amongst the very largest financial adviser networks in Australia. Its wealth management, retirement planning and personal risk insurance advice services are delivered primarily through a group of around 400 privately-owned advice practices whose advisers operate as authorised representatives under its Wealth Today, Sentry Advice, Synchron Advice, and Millennium3 subsidiaries.

WTL’s B2C division delivers a range of financial advice services directly to wholesale and retail clients through its Spring Financial Group brand.

The Group’s Wealth Adviser division is the Company’s central services and support hub and also offers marketleading services and solutions to advisers and their clients outside of WTL’s subsidiary cohorts including through regular in-person and livestreamed seminar and professional development programs and the publication of a library of more than 100 financial literacy handbooks and manuals in both digital and printed formats.

WTL has recently established WTL & MWP Investco Pty Ltd (Investco), a 50/50 joint venture with Merchant Wealth Partners Pty Ltd—the Australian subsidiary of the New York-based financial advice investor, Merchant Wealth Partners, LLC. Investco has been established to provide strategic growth capital to high-potential financial advice practices within the WTL network and beyond. In line with Merchant Wealth’s global model, Investco will take significant non-controlling interests, offering the practices it partners with long-term, patient capital - differentiating itself from traditionally time-limited private equity.

Jane Morgan
Investor and Media Relations
M +61 405 555 618
E [email protected]