Wt Financial (ASX:WTL) is forecasting a substantial increase in its net profit after tax (NPAT) for the upcoming financial year.

The company expects its FY NPAT to rise by 130%, reaching a total of A$4.31 million.

Wt Financial (ASX:WTL) also indicated that its revenue and other income showed a significant increase, up 57% to A$162.49 million.

Additionally, the company’s net profit before tax (NPBT) is expected to escalate by 115%, to A$5.04 million.

The firm also anticipates that its FY earnings before interest and tax (EBIT) will elevate by 99%, to A$5.59 million.

Wt Financial is a company specializing in financial services.