Sequoia Financial Group Limited (ASX: SEQ)(“Sequoia” or “Company”) today released its FY24 Financial results for the year ended 30 June 2024.
Result Highlights:
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Continued business revenue up 26% to $124.6m
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Operating profit* up 88% to $8.7m
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Operating profit margin improved by over 40% to 7%, from4.7%.
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Fully franked dividends
- Interim 2 cents,
- Final 2.5 cents
- Special 2.5 cents
- Total 7 cents for FY 2024
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Buyback program reduced issued capital by4.3%.
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Company remains debt free with $16.8m cash at bank
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