Bell Financial Group Ltd (ASX:BFG) is a diversified provider of financial products and software solutions within, and increasingly outside, its traditional full-service stockbroking business. A Q1 FY24 trading update provided at the group’s AGM on 19 April points to revenue growth of 17% and PBT growth of 60% to $9.3m, with all divisions said to be profitable. This compares to a RaaS H1 FY24 PBT growth estimate of 69%, placing the group on track to achieve our H1 estimates. A recovery in ECM act ....

21 Apr 2024
Strong start to FY24 with Q1 PBT +60%

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Strong start to FY24 with Q1 PBT +60%
Bell Financial Group Limited (BFG:ASX) | 0 0 -0.7% | Mkt Cap: 197.8m
- Published:
21 Apr 2024 -
Author:
John Burgess -
Pages:
10 -
Bell Financial Group Ltd (ASX:BFG) is a diversified provider of financial products and software solutions within, and increasingly outside, its traditional full-service stockbroking business. A Q1 FY24 trading update provided at the group’s AGM on 19 April points to revenue growth of 17% and PBT growth of 60% to $9.3m, with all divisions said to be profitable. This compares to a RaaS H1 FY24 PBT growth estimate of 69%, placing the group on track to achieve our H1 estimates. A recovery in ECM act ....