Highlights

• Revenue increased by +22% to $111.80 million (FY2023: $91.48 million), driven by both organic and acquisitive growth.
• Statutory Earnings Before Interest, Tax and Amortisation (EBITA) was $10.19 million, reflecting $4.97 million of the Diverger transaction and integration costs, and the previously disclosed disposal of Bentley’s WA.
• Underlying EBITA grew by +61% to $16.63 million (FY2023: $10.36 million), mainly attributable to the Diverger Ltd acquisition and organic growth.
• Underlying profit attributable to Count shareholders for the period increased by +68% to $5.75 million (FY2023: $3.42 million).
• Completion of 15 acquisitive growth transactions (including Diverger Ltd).
• Significant progress on the integration of Diverger Ltd including outperformance in the delivery of cost synergies with at least $4.00 million in annualised run rate expected.
• A final dividend of 2.25 cents per share, delivering consistent shareholder returns with a total FY2024 dividend per share of 3.75 cents, fully franked.

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Hugh Humphrey, Count Chief Executive Officer, said:

“It has been a transformative year for Count. Our disciplined execution against clear strategic priorities has positioned the Company as a leader in the Australian financial services landscape. As we approach our 45th year of serving our clients, we’re excited to have such a strong platform to build upon.

“A clear highlight for the Company has been the delivery of the benefits associated to the successful acquisition of Diverger Ltd in March 2024 through a scheme of arrangement. This elevated Count to become the second largest^[1] wealth management advice firm in Australia, reinforcing our commitment to growth and ensuring more Australians have access to quality financial services. We were pleased to have already significantly exceed the initial cost synergy commitments.

“Count ranks as a top 20^[2] Australian accounting firm and is delivering against its ambition of creating an integrated system with a greatly expanded Services segment. We are particularly pleased with our specialisation in the delivery of education and expertise to all Accountants and Financial Advisers.” Mr Humphrey concluded.

Download 2024 Annual Report [PDF]