Ann: 2022 Full Year Results - Investor Presentation, page-3

  1. 8,687 Posts.
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    @Plague

    Profitability is actually up for the year. Given GQG only floated in 2021, the tax expense distorts the comparable periods.

    Yes their expenses are up, but because it's such a small base compared to the revenue profitability is still up.

    Great result, and great to see the payout ratio. Shame it isn't franked, but it is what it is.

    https://hotcopper.com.au/data/attachments/5060/5060341-6f09087724686ffea64164736f08b425.jpg

 
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