Australian Ethical Investment (ASX:AEF) highlights financial results for its latest fiscal year, reporting an underlying profit after tax of A$11.8 million, an increase over A$10.3 million in the previous year.

The company’s annual revenue rose by 15%, totaling A$81.1 million.

A final dividend of 5 Australian cents per share is being distributed.

The company confirms it began fiscal year 2024 in a strong position.

Looking forward, Australian Ethical Investment (ASX:AEF) aims to reach A$100 million in annualized revenue by the end of FY24 and anticipates solid profit growth in this period.

Australian Ethical Investment is a fund manager that provides investment products which align with a sustainable and ethical framework.