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<WIRE> Prime Financial Group (ASX:PFG) reports FY23 revenue of A$33.7 million, a 28% rise



According to recent announcements, Prime Financial Group (ASX:PFG) recorded a revenue of A$33.7 million for FY23, marking a 28% increase from the previous year.

The same fiscal year witnessed an underlying EBITDA of A$8.6 million, marking an increase of 11%.

Alongside this, the company announced a yearly dividend of 1.5 AU CPS.

Prime Financial Group (ASX:PFG) appears on track to achieve its goal of doubling its revenue to A$50 million by FY25.

The company has projected its revenue to reach A$100 million within 3 to 5 years from FY25.

Having entered FY24 with strong fundamentals, Prime Financial Group (ASX:PFG) expects a revenue growth of 15% - 20% and a dividend growth of 5% - 10% for the year.

In the same period, the company anticipates its underlying EBITDA to grow by 10% - 15%.

Prime Financial Group (ASX:PFG) offers a broad range of integral business and wealth services and advice, including accounting and business advisory, wealth management, and SMSF services.


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