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Netwealth Group (ASX:NWL) Interest and Commission Paid : A$-0.6 Mil (TTM As of Jun. 2024)


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What is Netwealth Group Interest and Commission Paid?

Netwealth Group's Interest and Commission Paid for the six months ended in Jun. 2024 was A$-0.3 Mil.

Netwealth Group's Interest and Commission Paid for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.6 Mil.

Netwealth Group Interest and Commission Paid Historical Data

The historical data trend for Netwealth Group's Interest and Commission Paid can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Netwealth Group Interest and Commission Paid Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest and Commission Paid
Get a 7-Day Free Trial -0.12 -0.06 -0.50 -0.45 -0.57

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest and Commission Paid Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.24 -0.23 -0.22 -0.26 -0.31

Netwealth Group Interest and Commission Paid Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Interest and Commission Paid represents cash paid for interest and commission in operating cash flow, using the direct method.

Interest and Commission Paid for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Netwealth Group Interest and Commission Paid Related Terms

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Netwealth Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Netwealth Group Ltd (ASX:NWL) » Definitions » Interest and Commission Paid
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Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Website
https://www.netwealth.com.au
Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.