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Netwealth Group (ASX:NWL) Purchase Of Business : A$-7.7 Mil (TTM As of Dec. 2024)


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What is Netwealth Group Purchase Of Business?

Netwealth Group's purchase of business for the six months ended in Dec. 2024 was A$-7.7 Mil. It means Netwealth Group spent A$7.7 Mil on purchasing business. Netwealth Group's purchase of business for the trailing twelve months (TTM) ended in Dec. 2024 was A$-7.7 Mil.

Compared with last quarter (A$0.0 Mil in Jun. 2024 ), Netwealth Group spent more money on purchasing business in Dec. 2024 (A$-7.7 Mil).

Netwealth Group Purchase Of Business Historical Data

The historical data trend for Netwealth Group's Purchase Of Business 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 Purchase Of Business Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Purchase Of Business
Get a 7-Day Free Trial - -2.57 - - -

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Purchase Of Business Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -7.74

Netwealth Group Purchase Of Business Calculation

The amount used to purchase business.

Purchase Of Business for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-7.7 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 Purchase Of Business Related Terms

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Netwealth Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Netwealth Group Ltd (ASX:NWL) » Definitions » Purchase Of Business
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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.