Fiducian Group (ASX:FID) saw a surge in its stocks as it increased by 2.4% to A$6.05, marking it as the best performance since August 2, if the gains persist.
The company reported a 6% increase in its annual net revenue to A$54.5 million.
The Fund Under Management (FUM) of Fiducian Group (ASX:FID) also saw an upward trend reaching A$4.60 billion as of end July, marking a 12% increase over its average for FY23.
Despite the recent success, the stock has fallen by 11.3% this year until the last close.
Fiducian Group is an Australian-based company that provides wealth management and financial planning services.