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Sequoia Financial Group - FY24 Results


Sequoia Financial Group Limited (ASX: SEQ)(“Sequoia” or “Company”) today released its FY24 Financial results for the year ended 30 June 2024.

Result Highlights:

  • Continued business revenue up 26% to $124.6m
  • Operating profit* up 88% to $8.7m
  • Operating profit margin improved by over 40% to 7%, from4.7%.
  • Fully franked dividends
    - Interim 2 cents,
    - Final 2.5 cents
    - Special 2.5 cents
    - Total 7 cents for FY 2024
  • Buyback program reduced issued capital by4.3%.
  • Company remains debt free with $16.8m cash at bank
For more information, download the attached PDF.

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