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BFG’s challenging start to 2025

Mike Taylor

Mike Taylor

Managing Editor/Publisher, Financial Newswire

26 May 2025
HeirWealth performance reporting

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.

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