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.
In this interview Neil Sheather, CEO discusses the various growth drivers at Finexia, including StayCo. and Creative Capital. Visit Stocks Down Under here Transcription Stuart: Hello and welcome to Stocks Down Under. My name is Stuart Roberts and I’m one of the cofounders of that publication. And joining me on Tuesday, the13 April 2022
Wednesday, 13th April 2022FDAIF Update – April 2022 It has been six months from the commencement of the Finexia Direct Accommodation Income Fund (“Fund”), and we provide the following update on some essential items in particular:Financial performanceCOVID impactBalance of the Financial YearDistribution updateFinancial PerformanceSince its inception, a very pleasing result is that the Fund has made13 April 2022
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