BFG’s challenging start to 2025

Mike Taylor

Managing Editor and Publisher

26 May 2025

Bell Financial Group last week revealed the degree to which its start to 2025 has been impacted by market volatility, revealing a 10.3% decrease in revenue for the four months to the end of April.

In a market update attaching to its annual general meeting, the company said it had experienced a challenging start to the year, with Broking and Equity Capital Markets revenues adversely impacted by volatility across global markets.

It said group revenue was $80 million (unaudited) for the four month period, representing a 10.3% decrease on the prior corresponding period.

Further, it said group profit before tax was $7.9 million, a 49% decrease on the prior corresponding period.

However, the update said technology and platforms and products and services revenue were up 12% to $30.4 million and profit before tax was up 15% to $11.1 million.

Funds under advice was down 0.9% to $85.1 billion.