Buy Or Sell Opportunity • May 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.0% to AU$0.23. The fair value is estimated to be AU$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Apr 27
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to AU$0.21. The fair value is estimated to be AU$0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Apr 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.2% to AU$0.23. The fair value is estimated to be AU$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Mar 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to AU$0.22. The fair value is estimated to be AU$0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Mar 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.3% to AU$0.22. The fair value is estimated to be AU$0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years, while earnings per share has been flat. Declared Dividend • Feb 21
First half dividend increased to AU$0.008 Dividend of AU$0.008 is 3.9% higher than last year. Ex-date: 27th February 2026 Payment date: 27th March 2026 Dividend yield will be 6.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 12
Prime Financial Group Limited to Report First Half, 2026 Results on Feb 19, 2026 Prime Financial Group Limited announced that they will report first half, 2026 results on Feb 19, 2026 Recent Insider Transactions • Dec 12
Executive Director recently sold AU$127k worth of stock On the 11th of December, Matthew Murphy sold around 556k shares on-market at roughly AU$0.23 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$1.0m more than they bought in the last 12 months. Recent Insider Transactions • Nov 25
Board Member recently sold AU$72k worth of stock On the 24th of November, Timothy Bennett sold around 313k shares on-market at roughly AU$0.23 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$741k more than they bought in the last 12 months. Recent Insider Transactions • Nov 18
Executive Director recently sold AU$62k worth of stock On the 14th of November, Matthew Murphy sold around 264k shares on-market at roughly AU$0.24 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$602k more than they bought in the last 12 months. Announcement • Oct 29
Prime Financial Group Limited, Annual General Meeting, Nov 28, 2025 Prime Financial Group Limited, Annual General Meeting, Nov 28, 2025. Location: at level 17, hwt tower, 40 city road, southbank, victoria, Australia Declared Dividend • Aug 28
Final dividend increased to AU$0.0089 Dividend of AU$0.0089 is 4.7% higher than last year. Ex-date: 2nd September 2025 Payment date: 25th September 2025 Dividend yield will be 6.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (89% earnings payout ratio) but not covered by cash flows (173% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 27
Full year 2025 earnings released: EPS: AU$0.019 (vs AU$0.014 in FY 2024) Full year 2025 results: EPS: AU$0.019 (up from AU$0.014 in FY 2024). Revenue: AU$49.4m (up 21% from FY 2024). Net income: AU$4.61m (up 62% from FY 2024). Profit margin: 9.3% (up from 7.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Aug 21
Prime Financial Group Limited to Report Fiscal Year 2025 Results on Aug 26, 2025 Prime Financial Group Limited announced that they will report fiscal year 2025 results on Aug 26, 2025 Buy Or Sell Opportunity • Jun 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.5% to AU$0.21. The fair value is estimated to be AU$0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has declined by 10%. Recent Insider Transactions • Jun 07
Executive Director recently sold AU$275k worth of stock On the 30th of May, Matthew Murphy sold around 1m shares on-market at roughly AU$0.22 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$396k more than they bought in the last 12 months. Announcement • May 20
Prime Financial Group Limited (ASX:PFG) acquired Lincoln Indicators Pty. Ltd. for AUD 17.9 million. Prime Financial Group Limited (ASX:PFG) agreed to acquire Lincoln Indicators Pty. Ltd. for AUD 17.9 million on April 22, 2025. Under the terms of the transaction, the total consideration of AUD 15.75 million for on target EBITDA performance, or potentially AUD 17.9 million if earnings targets are outperformed. The initial payment, Tranche 1, can be up to AUD 5 million, consisting of AUD 4 million in cash (subject to adjustments for working capital and net debt), payable at the time of completion. An additional AUD 1 million in cash is contingent upon Lincoln Indicators meeting specific cost-saving milestones within 90 days post-completion. Two subsequent tranches, Tranches 2 and 3, amounting to AUD 3.5 million each for meeting target EBITDA performance, or up to AUD 4.2 million if earnings targets are surpassed, will be due after the first and second anniversaries of completion. A final tranche, Tranche 4, of AUD 3.75 million for achieving target EBITDA performance, or up to AUD 4.5 million if earnings targets are exceeded, will be payable following the third anniversary of completion. The tranches will be paid with a minimum of 70% cash and the balance in Prime Financial Group Limited fully paid ordinary shares with maximum issuance of 16.13 million shares. Prime Financial Group Limited may elect to increase the percentage of cash consideration. Each tranche of Consideration Shares will be subject to an escrow period of 12 months from the date of issue. The cash consideration for the acquisition will be funded from the Company's operating cashflow, debt facilities and cash reserves. Upon completion, Lincoln Indicators’ Co-Founder and Managing Director Tim Lincoln will join Prime Financial Group Limited's (ASX:PFG) leadership team following completion of the acquisition.
Prime Financial Group Limited (ASX:PFG) completed the acquisition of Lincoln Indicators Pty. Ltd. on May 19, 2025. Buy Or Sell Opportunity • May 01
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at AU$0.23. The fair value is estimated to be AU$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has declined by 10%. New Risk • Apr 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$55.1m market cap, or US$35.0m). Buy Or Sell Opportunity • Mar 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.3% to AU$0.22. The fair value is estimated to be AU$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has declined by 10%. Buy Or Sell Opportunity • Feb 27
Now 21% undervalued Over the last 90 days, the stock has risen 4.5% to AU$0.23. The fair value is estimated to be AU$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Feb 24
First half 2025 earnings released First half 2025 results: Revenue: AU$22.9m (up 25% from 1H 2024). Net income: AU$1.10m (up AU$1.13m from 1H 2024). Profit margin: 4.8% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Announcement • Feb 17
Prime Financial Group Limited to Report First Half, 2025 Results on Feb 20, 2025 Prime Financial Group Limited announced that they will report first half, 2025 results on Feb 20, 2025 New Risk • Feb 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (117% payout ratio). Profit margins are more than 30% lower than last year (7.0% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (AU$60.9m market cap, or US$38.2m). Announcement • Oct 30
Prime Financial Group Limited, Annual General Meeting, Nov 29, 2024 Prime Financial Group Limited, Annual General Meeting, Nov 29, 2024. Location: at prime`s head office at level 17, hwt tower, 40 city road, southbank, victoria Australia Declared Dividend • Aug 24
Final dividend increased to AU$0.0085 Dividend of AU$0.0085 is 6.3% higher than last year. Ex-date: 2nd September 2024 Payment date: 26th September 2024 Dividend yield will be 7.0%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by both earnings (4% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 24
Prime Financial Group Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on September 26, 2024 Prime Financial Group Limited announced ordinary dividend of AUD 0.00850000 for the six months ended June 30, 2024. Record Date is September 3, 2024. Ex Date is September 2, 2024. Payment Date is September 26, 2024. Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: AU$0.014 (vs AU$0.022 in FY 2023) Full year 2024 results: EPS: AU$0.014 (down from AU$0.022 in FY 2023). Revenue: AU$40.8m (up 21% from FY 2023). Net income: AU$2.85m (down 35% from FY 2023). Profit margin: 7.0% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Aug 14
Prime Financial Group Limited to Report Fiscal Year 2024 Results on Aug 22, 2024 Prime Financial Group Limited announced that they will report fiscal year 2024 results on Aug 22, 2024 Buy Or Sell Opportunity • Jul 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.0% to AU$0.20. The fair value is estimated to be AU$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 6.9%. Buy Or Sell Opportunity • Jun 25
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to AU$0.19. The fair value is estimated to be AU$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 6.9%. Buy Or Sell Opportunity • Jun 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.0% to AU$0.20. The fair value is estimated to be AU$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 6.9%. Buy Or Sell Opportunity • Apr 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to AU$0.20. The fair value is estimated to be AU$0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 6.9%. Buy Or Sell Opportunity • Mar 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.9% to AU$0.20. The fair value is estimated to be AU$0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 6.9%. Reported Earnings • Feb 22
First half 2024 earnings released: EPS: AU$0 (vs AU$0.009 in 1H 2023) First half 2024 results: EPS: AU$0 (down from AU$0.009 in 1H 2023). Revenue: AU$18.3m (up 14% from 1H 2023). Net loss: AU$33.2k (down 102% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.3% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Cash payout ratio: 145% Minor Risks Profit margins are more than 30% lower than last year (7.3% net profit margin). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$46.6m market cap, or US$30.5m). Announcement • Feb 20
Prime Financial Group Limited (ASX:PFG) acquired Altor Capital Pty Ltd. Prime Financial Group Limited (ASX:PFG) entered into an agreement to acquire Altor Capital Pty Ltd for AUD 4.2 million on February 12, 2024. Altor Capital Pty Ltd reported annualized revenue of approximately AUD 1.8 million. The consideration will be funded from existing financing facilities.
Prime Financial Group Limited (ASX:PFG) acquired Altor Capital Pty Ltd on February 19, 2024. Announcement • Feb 16
Prime Financial Group Limited to Report First Half, 2024 Results on Feb 20, 2024 Prime Financial Group Limited announced that they will report first half, 2024 results on Feb 20, 2024 Announcement • Feb 13
Prime Financial Group Limited (ASX:PFG) entered into an agreement to acquire Altor Capital Pty Ltd for AUD 4.2 million. Prime Financial Group Limited (ASX:PFG) entered into an agreement to acquire Altor Capital Pty Ltd for AUD 4.2 million on February 12, 2024. Altor Capital Pty Ltd reported annualized revenue of approximately AUD 1.8 million. The consideration will be funded from existing financing facilities. Buy Or Sell Opportunity • Feb 12
Now 23% undervalued Over the last 90 days, the stock has risen 11% to AU$0.24. The fair value is estimated to be AU$0.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 19%. Buying Opportunity • Dec 08
Now 21% undervalued Over the last 90 days, the stock is up 9.1%. The fair value is estimated to be AU$0.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 19%. Announcement • Nov 01
Prime Financial Group Limited, Annual General Meeting, Nov 30, 2023 Prime Financial Group Limited, Annual General Meeting, Nov 30, 2023, at 09:00 AUS Eastern Standard Time. Location: Level 17, HWT Tower, 40 City Road, Southbank Vic 3006 South Bank Victoria Australia Agenda: To receive and consider the Director’s Report and Financial Report for the year ended 30 June 2023 and the Auditor’s Report on the Financial Report and the consolidated Financial Report; to consider the Remuneration Report; to consider the Re-election of Director (Mr Tim Bennett); to consider the Approval of issue of Performance Rights to Mr Simon Madder, Managing Director and Chief Executive Officer; to consider the Approval of issue of shares in lieu of Performance Rights to Mr. Tim Bennett, Executive Director, and Managing Director – Capital and Corporate Advisory; and to consider other matters. Announcement • Aug 23
Prime Financial Group Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2023, Payable on September 29, 2023 Prime Financial Group Limited announced ordinary dividend of AUD 0.00800000 for the six months ended June 30, 2023. Record Date is September 4, 2023. Ex Date is September 1, 2023. Payment Date is September 29, 2023. Announcement • Aug 22
Prime Financial Group Limited Provides Earnings Guidance for the Fiscal Year 2024 Prime Financial Group Limited provided earnings guidance for the fiscal year 2024. For the year, the company expects revenue to be +15%-20%. Reported Earnings • Aug 22
Full year 2023 earnings released: EPS: AU$0.022 (vs AU$0.019 in FY 2022) Full year 2023 results: EPS: AU$0.022 (up from AU$0.019 in FY 2022). Revenue: AU$33.7m (up 28% from FY 2022). Net income: AU$4.41m (up 16% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 11
Prime Financial Group Limited to Report Fiscal Year 2023 Results on Aug 22, 2023 Prime Financial Group Limited announced that they will report fiscal year 2023 results on Aug 22, 2023 Buying Opportunity • Jun 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be AU$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 27%. Buying Opportunity • Jun 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be AU$0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 27%. Reported Earnings • Feb 18
First half 2023 earnings released: EPS: AU$0.009 (vs AU$0.007 in 1H 2022) First half 2023 results: EPS: AU$0.009 (up from AU$0.007 in 1H 2022). Revenue: AU$16.1m (up 31% from 1H 2022). Net income: AU$1.74m (up 39% from 1H 2022). Profit margin: 11% (in line with 1H 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 15
Prime Financial Group Limited to Report First Half, 2023 Results on Feb 17, 2023 Prime Financial Group Limited announced that they will report first half, 2023 results on Feb 17, 2023 Announcement • Dec 13
Prime Financial Group Limited Announces Company Secretary Changes Prime Financial Group Ltd. announced that Mrs. Alicia Sanders has been appointed as Company Secretary of Prime effective 13 December 2022 replacing Mr. Rory Mclaughlin. Mrs. Sanders has been with Prime since 2002 and is the Groups' General Manager of Operations. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD of Business Advisory & Accounting and Executive Director Matt Murphy was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 24
Prime Financial Group Limited, Annual General Meeting, Nov 25, 2022 Prime Financial Group Limited, Annual General Meeting, Nov 25, 2022, at 09:00 AUS Eastern Standard Time. Location: Hybrid Meeting at Level 17, HWT Tower, 40 City Road, Southbank Melbourne Melbourne Australia Agenda: To receive and consider the Director's Report and Financial Report for the year ended 30 June 2022 and the Auditor's Report on the Financial Report and the consolidated Financial Report; To consider remuneration Report; to consider re-election of Director; to consider approval of Financial Assistance; and to consider other matters if any. Announcement • Oct 05
Prime Financial Group Limited (ASX:PFG) acquired Intello Pty Ltd for approximately AUD 4.6 million. Prime Financial Group Limited (ASX:PFG) acquired Intello Pty Ltd for approximately AUD 4.6 million on October 4, 2022. Purchase price of approximately AUD 4.6 million is paid in cash, 70% of consideration paid upfront and 30% subject to performance over a twelve month period. The purchase price is subject to standard closing adjustments. Intello has Revenue of approximately AUD 3.0 million. Upon completion of the acquisition Prime will gain a complimentary and capable team and excellent technology to continue to enhance its services for its B2B Accounting and Financial Adviser clients. CEO of Intello, Nicol will continue to support the Intello team and clients for a period of 12 months. Prime is pleased to announce it has agreed a new AUD 10 million financing facility from Westpac Banking Corporation.
Prime Financial Group Limited (ASX:PFG) acquired Intello Pty Ltd on October 4, 2022. The deal was announced and closed on same day following the successful fulfilment of all closing conditions. Reported Earnings • Aug 20
Full year 2022 earnings released: EPS: AU$0.019 (vs AU$0.017 in FY 2021) Full year 2022 results: EPS: AU$0.019 (up from AU$0.017 in FY 2021). Revenue: AU$26.3m (up 18% from FY 2021). Net income: AU$3.81m (up 24% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 15
Prime Financial Group Limited to Report Fiscal Year 2022 Results on Aug 19, 2022 Prime Financial Group Limited announced that they will report fiscal year 2022 results on Aug 19, 2022 Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD of Business Advisory & Accounting and Executive Director Matt Murphy was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 21
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.007 (up from AU$0.006 in 1H 2021). Revenue: AU$12.2m (up 14% from 1H 2021). Net income: AU$1.25m (up 21% from 1H 2021). Profit margin: 10% (in line with 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Feb 19
Prime Financial Group Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on April 1, 2022 Prime Financial Group Limited announced the fully franked ordinary dividend of AUD 0.00500000 per share for the six months ended December 31, 2021, payable on April 1, 2022. Ex-date is March 3, 2022 and record date is March 7, 2022. Recent Insider Transactions • Oct 19
Insider recently bought AU$51k worth of stock On the 15th of October, Brett Gorman bought around 370k shares on-market at roughly AU$0.14 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 23
Full year 2021 earnings released: EPS AU$0.017 (vs AU$0.012 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$22.3m (up 3.6% from FY 2020). Net income: AU$3.07m (up 44% from FY 2020). Profit margin: 14% (up from 9.9% in FY 2020). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 20
First half 2021 earnings released: EPS AU$0.006 (vs AU$0.004 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$10.7m (down 3.2% from 1H 2020). Net income: AU$1.04m (up 69% from 1H 2020). Profit margin: 9.7% (up from 5.6% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.