Finexia Financial Group | Annual Report 2021
Tuesday, 31st August 2021
Finexia Financial Group has reported an impressive net profit of $1.3 million for the year ended 30 June 2021. This is a 337% increase on the previous financial year.
The 20/21 financial year has been a transformational period for the business, amidst an overall challenging environment for financial services. The Company’s ambitions of building a genuine diversified financial services firm were strengthened with several strategic acquisitions, most notably, boutique commercial lending and corporate finance outfit, Creative Capital Group.
The company’s wholly-owned subsidiary, Finexia Securities, added Managed Funds capability to their AFSL and has launched their first fund, with more in the pipeline.
The other recent announcements can be viewed on our ASX Announcements page.