Financial News

Stonegate Updates Coverage on NZX Limited (NZX) Q4 2024

By: Newsfile
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Dallas, Texas--(Newsfile Corp. - February 24, 2025) - NZX Limited (NZSE: NZX): Stonegate Capital Partners updates their coverage on NZX Limited (NZSE: NZX). NZX reported revenue, adj EBITDA, and adj EPS of $62.9M, $24.7M, and $10.22, respectively. This compares to our estimates of $61.0M, $22.1M, and $7.94. Topline outperformance was due to strong results in all segments. This outperformance was exacerbated by higher GPM than expected in the Wealth Tech segment.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • FUM growth of 22.6% from FY23.
  • FUA growth of 40.4% from FY23.
  • Capital raised and listed in FY24 totaled $15.8B. This represents a y/y increase of11.6%.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/242063_figure1_550.jpg

Click image above to view full announcement.


About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242063

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