Netwealth Group Ltd

Common Name
Netwealth Group
Country
Australia
Sector
Technology
Industry
Software - Application
Employees
636
Ticker
NWL
Exchange
ASX
Description
Netwealth Group Ltd. is a prominent financial services company specializing in wealth management solutions. Its primary function is to provide individuals and institutions with comprehensive investmen...

Financial Statements of Netwealth Group

Below are the financial statements of Netwealth Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of AUD20242023
Current assets
Cash and cash equivalents
126.68a
109.48a
Trade and other receivables
22.32a
17.84a
Other current assets
8.31a
8.57a
Financial assets at FVTPL
0.68a
0.49a
Total current assets
157.98a
136.38a
Non-current assets
Financial assets at FVTPL
2.2a
0.92a
Property, plant and equipment
1.55a
1.45a
Intangible assets
9.64a
6.51a
Lease assets
13.74a
12.83a
Investment in joint venture
1.35a
1.61a
Deferred tax assets
3.03a
2.19a
Total non-current assets
31.51a
25.51a
Total assets
189.49a
161.89a
Current liabilities
Trade and other payables
14.22a
11.8a
Provisions
8.66a
7.44a
Current tax liabilities
6.13a
4.98a
Lease liability
1.77a
1.44a
Other current liabilities
0.04a
0.08a
Total current liabilities
30.83a
25.74a
Non-current liabilities
Lease liability
13.14a
12.15a
Provisions
1a
0.95a
Total non-current liabilities
14.14a
13.1a
Total liabilities
44.97a
38.84a
Net assets
144.52a
123.05a
Equity
Issued capital
28.38a
27.23a
Reserves
9.59a
6.77a
Retained earnings
106.55a
89.05a
Total equity
144.52a
123.05a

Verified Sources Behind Netwealth Group’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Netwealth Group’s data sources below and access millions more through our Disclosure Search.

a. Netwealth Group's Annual Report 2024
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