Netwealth Group Ltd
NWL: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.v@ | LOCK|%s% | LOCK|&^?@zk |
Netwealth Earnings: Targeting Ambitious Fund Growth While Signaling Lower Near-Term Margins
Netwealth's underlying NPAT for fiscal 2026 grew 16%, with strong revenue growth outshining the 1% decline in EBITDA margin to 49%. For fiscal 2027, the firm expects administered funds, or FUA, net flows to be 17%-30% above fiscal 2026's. It aspires to double its FUA by fiscal 2030.
