Steadfast Group Past Earnings Performance

Past criteria checks 3/6

Steadfast Group has been growing earnings at an average annual rate of 34%, while the Insurance industry saw earnings growing at 17.5% annually. Revenues have been growing at an average rate of 17.6% per year. Steadfast Group's return on equity is 10.7%, and it has net margins of 13%.

Key information

34.0%

Earnings growth rate

29.3%

EPS growth rate

Insurance Industry Growth	4.5%
Revenue growth rate	17.6%
Return on equity	10.7%
Net Margin	13.0%
Next Earnings Update	26 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Steadfast Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CHIA:SDF Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	1,759	228	261
31 Mar 24	1,669	216	252
31 Dec 23	1,578	205	243
30 Sep 23	1,521	197	231
30 Jun 23	1,464	189	219
31 Mar 23	1,374	170	205
31 Dec 22	1,285	151	191
30 Sep 22	1,226	162	176
30 Jun 22	1,167	172	160
31 Mar 22	1,111	173	151
31 Dec 21	1,055	175	143
30 Sep 21	1,000	159	138
30 Jun 21	944	143	133
31 Mar 21	916	117	125
31 Dec 20	887	90	116
30 Sep 20	872	17	121
30 Jun 20	857	-55	127
31 Mar 20	842	-32	135
31 Dec 19	826	-9	144
30 Sep 19	775	48	136
30 Jun 19	723	104	128
31 Mar 19	687	93	121
31 Dec 18	650	83	114
30 Sep 18	626	79	108
30 Jun 18	601	76	102
31 Mar 18	575	69	98
31 Dec 17	548	63	95
30 Sep 17	537	65	94
30 Jun 17	526	67	93
31 Mar 17	520	70	90
31 Dec 16	514	72	87
30 Sep 16	506	73	82
30 Jun 16	498	73	77
31 Mar 16	475	70	74
31 Dec 15	452	67	71
30 Sep 15	390	55	65
30 Jun 15	328	42	59
31 Mar 15	276	36	55
31 Dec 14	223	30	51
30 Sep 14	204	28	47
30 Jun 14	185	25	44
31 Mar 14	144	9	32
31 Dec 13	102	-6	20

Quality Earnings: SDF has high quality earnings.

Growing Profit Margin: SDF's current net profit margins (13%) are higher than last year (12.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SDF's earnings have grown significantly by 34% per year over the past 5 years.

Accelerating Growth: SDF's earnings growth over the past year (20.5%) is below its 5-year average (34% per year).

Earnings vs Industry: SDF earnings growth over the past year (20.5%) did not outperform the Insurance industry 30.3%.

Steadfast Group Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

Steadfast Group Limited to Report First Half, 2025 Results on Feb 26, 2025

Full year 2024 earnings released: EPS: AU$0.21 (vs AU$0.18 in FY 2023)

First half 2024 earnings released: EPS: AU$0.096 (vs AU$0.085 in 1H 2023)

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.18 in FY 2022)

First half 2023 earnings released: EPS: AU$0.085 (vs AU$0.12 in 1H 2022)

Steadfast Group Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Recent updates

Non-Executive Independent Chairman recently bought AU$304k worth of stock

Investor sentiment deteriorates as stock falls 17%

Now 24% undervalued

Final dividend increased to AU$0.10

Steadfast Group Limited to Report First Half, 2025 Results on Feb 26, 2025

Full year 2024 earnings released: EPS: AU$0.21 (vs AU$0.18 in FY 2023)

Steadfast Group Limited Announces Final Franked Dividend for the Year Ended 30 June 2024, Payable on 24 September 2024

First half dividend increased to AU$0.068

First half 2024 earnings released: EPS: AU$0.096 (vs AU$0.085 in 1H 2023)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 68.125925 million.

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 275.642028 million.

Steadfast Group Limited, Annual General Meeting, Nov 01, 2024

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire 70% stake in Combined Agency Group Pty Limited for approximately AUD 280 million.

New minor risk - Shareholder dilution

Steadfast Group Limited has filed a Follow-on Equity Offering.

Steadfast Group Limited Appoints Andrew Bloore as A Director

Steadfast Group Limited (ASX:SDF) acquired ISU Group for $55 million.

Non-Executive Independent Chairman recently bought AU$305k worth of stock

Steadfast Group Limited Announces Executive Changes

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.18 in FY 2022)

Javelin Limited acquired Underwriter Central and Insurance Connect businesses of Steadfast Group.

Steadfast Group Limited Appoints Duncan Ramsay as Additional Company Secretary

Co-Founder recently sold AU$2.0m worth of stock

Non-Executive Independent Chairman recently sold AU$290k worth of stock

First half 2023 earnings released: EPS: AU$0.085 (vs AU$0.12 in 1H 2022)

Steadfast Group Limited Updates Earnings Guidance for the Full Year 2023

Steadfast Group Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Steadfast Group Limited to Report First Half, 2023 Results on Feb 22, 2023

Non-Executive Independent Chairman recently sold AU$609k worth of stock

Key Executive recently sold AU$306k worth of stock

Steadfast Group Limited (ASX:SDF) Completed the acquisition of Insurance Brands Australia Pty Limited.

Full year 2022 earnings released: EPS: AU$0.18 (vs AU$0.17 in FY 2021)

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire Insurance Brands Australia Pty Limited for AUD 301 million.

Steadfast Group Limited Announces Dividend for the Period of Six Months Ended 30 June 2022, Payable on 9 September 2022

Steadfast Group Limited Appoints Ms Joan Cleary as A Director , Effective from 28 July 2022

Non-Executive Independent Director recently sold AU$351k worth of stock

Insufficient new directors

Co-Founder recently sold AU$477k worth of stock

Independent Non-Executive Director recently bought AU$58k worth of stock

Now 20% undervalued after recent price drop

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Steadfast Group Retirement of Philip Purcell as Director

Insufficient new directors

Co-Founder recently sold AU$1.5m worth of stock

Non-Executive Independent Chairman recently bought AU$470k worth of stock

Steadfast Group Limited (ASX:SDF) completed the acquisition of Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 420 million.

Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.065 loss in FY 2020)

Steadfast Group Limited (ASX:SDF) agreed to acquire Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 410 million.

Steadfast Group Limited Appoints Vicki Allen as Director

Co-Founder recently sold AU$600k worth of stock

First half 2021 earnings released: EPS AU$0.085 (vs AU$0.087 loss in 1H 2020)

New 90-day high: AU$4.09

New 90-day high: AU$4.08

Steadfast Group Limited to Report First Half, 2021 Results on Feb 24, 2021

New 90-day high: AU$4.02

Steadfast Group Limited, Annual General Meeting, Oct 22, 2021

Co-Founder recently sold AU$259k worth of stock

New 90-day high: AU$3.69

Steadfast Group Limited (ASX:SDF) acquired Gold Seal Practice Management and Gold Seal Intellectual Property.

New 90-day low: AU$3.21

New 90-day low - AU$3.27

Full year earnings released - AU$0.065 loss per share

Steadfast Group Ltd acquired an unknown majority stake in Gsa Insurance Brokers Pty Ltd from Paul Hines.

New 90-day high - AU$3.58

New 90-day high - AU$3.48

Steadfast Group Limited to Report Fiscal Year 2020 Results on Aug 26, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis