Interim report
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24 February 2021 EUROZ LIMITED EUROZ Appendix 4D Half - yearly report Period ended 31 December 2020 ABN 53 000 364 465 Results for announcement to the market Extracts from this report for announcement to the market 31 Dec 20 31 Dec 19 ( Restated ) Change $ $ AUD Change % Revenue from ordinary activities $ 47,882,955 $ 26,419,377 $ 21,463,578 81 % Profit / ( loss ) from ordinary activities after tax attributable to members $ 25,077,161 $ 8,551,519 $ 16,525,642 193 % Net Profit / ( loss ) for the period attributable to members $ 25,077,161 $ 8,551,519 $ 16,525,642 193 % For personal use only Net Tangible Assets per share Dividends and Distributions Interim Dividend $ 0.66 $ 0.69 ( 4.3 % ) Amount per security 2.50 cents Franked amount per security 2.50 cents Record date for determining entitlements to the interim dividend Last date for election to participate in Dividend Reinvestment Plan Dividend payable date The Company's dividend reinvestment plan was applicable to the interim dividend . 4 Feb 2021 5 Feb 2021 19 Feb 2021 Results commentary for announcement to the market The Directors of Euroz Limited announce a net profit after tax ( attributable to members ) of $ 25.1 million for the 6 months to 31 December 2020 ( 2019 : $ 8.6 million ) . On 1 October 2020 , Euroz completed the acquisition of Hartleys Limited through the issuance of 33,000,075 shares . Euroz Hartleys is now Western Australia's largest stockbroking and wealth management business . We are pleased to report excellent progress on this merger of equals and our ongoing cultural and brand alignment has been well received by our clients . This is the direct result of the significant efforts of our major asset - our staff , who have embraced this merger and worked tirelessly to ensure its success . Underlying " cash " profits after tax of $ 10.9 million were combined with $ 14.2 million in " non - cash " after tax profits from the mark to market on investments . Underlying cash profitability was driven by a strong performance from Euroz Hartleys which delivered Equity Capital Market ( " ECM ” ) raisings of $ 918 million versus the corresponding half year of $ 519 million . It is also pleasing that brokerage income at the half year was up 68 % versus the previous corresponding half with 3 months of revenue contribution from Hartleys following completion on 1 October 2020 . Level 18 , Alluvion , 58 Mounts Bay Road , Perth WA 6000 Phone : ( 08 ) 9488 1400 Fax : ( 08 ) 9488 1477