HUB24 Overview
- Year Founded
-
2007
- Status
-
Public
- Employees
-
190
- Stock Symbol
-
HUB
- Investments
-
10
- Share Price
-
$41.82
- (As of Wednesday Closing)
HUB24 General Information
Description
Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisors, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has 7% share of the Australian platform market, in contrast to the largest five providers with an average market share of 14% each.
Contact Information
Website
www.hub24.com.auCorporate Office
- GPO Box 529
- Sydney, New South Wales 2001
- Australia
Corporate Office
- GPO Box 529
- Sydney, New South Wales 2001
- Australia
HUB24 Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $41.82 | $41.10 | $18.70 - $42.24 | $3.39B | 81.2M | 287K | $0.38 |
HUB24 Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2024 30-Jun-2024 | FY 2023 30-Jun-2023 | FY 2022 30-Jun-2022 |
|---|---|---|---|---|
| EV | 2,497,111 | 2,497,111 | 1,345,439 | 1,116,110 |
| Revenue | 211,994 | 211,994 | 185,755 | 137,330 |
| EBITDA | 62,080 | 62,080 | 51,278 | 29,181 |
| Net Income | 30,905 | 30,905 | 25,658 | 10,625 |
| Total Assets | 416,235 | 416,235 | 394,962 | 376,780 |
| Total Debt | 30,226 | 30,226 | 26,592 | 34,037 |
HUB24 Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
HUB24 Comparisons
Industry
Financing
Details
HUB24 Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Netwealth | Venture Capital-Backed | London, United Kingdom | ||||
| Accel | Corporation | Palo Alto, CA | ||||
| 500 Global | Venture Capital-Backed | Palo Alto, CA | ||||
| Index Ventures | Private Equity-Backed | San Francisco, CA |
HUB24 Executive Team (11)
| Name | Title | Board Seat |
|---|---|---|
| Kitrina Shanahan | Chief Financial Officer & Company Secretary | |
| Craig Lawrenson | Chief Operating Officer | |
| Andrew Alcock | Board Member & Managing Director | |
| Amy Rixon | Chief People Officer | |
| Deborah Latimer | Chief Risk Officer |
HUB24 Board Members (1)
| Name | Representing | Role | Since |
|---|---|---|---|
| HUB24 | Board Member & Managing Director |
HUB24 Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
HUB24 Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
HUB24 Investments & Acquisitions (10)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| myprosperity | 30-May-2023 | Financial Software | |||
| Class (Financial Software) | 16-Feb-2022 | Financial Software | |||
| Xplore Wealth | 19-Feb-2021 | Financial Software | |||
| Diverger | 02-Feb-2021 | Accounting, Audit and Tax Services (B2B) | |||
| Ord Minnett (Portfolio Administration And Reporting Service) | 01-Dec-2020 | Merger/Acquisition | Other Financial Services |
HUB24 Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| myprosperity | Financial Software | Hawthorn, Australia | 2011 |
| Class (Financial Software) | Financial Software | Sydney, Australia |
HUB24 ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
18.35 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Software & Services
Industry
of 1,094
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 445
Rank
Percentile
HUB24 Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Diverger | 02-Feb-2021 | Completed |
|
||
| Paragem | 03-Sep-2014 | Merger/Acquisition | Completed |
HUB24 FAQs
-
When was HUB24 founded?
HUB24 was founded in 2007.
-
Where is HUB24 headquartered?
HUB24 is headquartered in Sydney, Australia.
-
What is the size of HUB24?
HUB24 has 190 total employees.
-
What industry is HUB24 in?
HUB24’s primary industry is Asset Management.
-
Is HUB24 a private or public company?
HUB24 is a Public company.
-
What is HUB24’s stock symbol?
The ticker symbol for HUB24 is HUB.
-
What is the current stock price of HUB24?
As of 09-Oct-2024 the stock price of HUB24 is $41.82.
-
What is the current market cap of HUB24?
The current market capitalization of HUB24 is $3.39B.
-
What is HUB24’s current revenue?
The trailing twelve month revenue for HUB24 is $212M.
-
Who are HUB24’s competitors?
Netwealth, Accel, 500 Global, and Index Ventures are competitors of HUB24.
-
What is HUB24’s annual earnings per share (EPS)?
HUB24’s EPS for 12 months was $0.38.
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