ASX Limited (ASX:ASX) has beaten expectations with an annual net profit jump on the back of revenue growth from all its major business categories.
The operator of the Australian Securities Exchange lifted its net profit by 10 per cent to $383.2 million in the 2014 financial year.
Total revenue rose 6.6 per cent, boosted by a buoyant IPO market which saw listings revenue lift 12.2 per cent to $127 million.
Over the last financial year ASX welcomed 107 IPOs, averaging two per week, and increasing from 82 the year before.
Managing Director and CEO Elmer Funke Kupper has described the result as positive with both revenues and net profit representing company records.
A fully franked final dividend of 89.9 cents per share has been declared, taking the full year payout $1.78.
