Hub24 (ASX:HUB) has reported a strong start to FY24 with net inflows exceeding the run-rate of Q4 in FY23.

The company has also announced the launch of an on-market share buy-back program, scheduled to begin on September 11, 2023.

In FY23, the number of active advisers using the platform saw a 15% surge, reaching 4,011.

The company has also shared intentions of buying back shares, with a value cap set at around AUD 50 million.

The company also re-evaluated its platform FUA range, now expecting it to reach between AUD 92 billion and AUD 100 billion by FY25, excluding PARS FUA.

Hub24 is a company known for its innovative financial solutions, specifically in the field of investment and superannuation.