About
About Xplore Wealth Limited
Xplore Wealth Limited, through its subsidiaries, operates as an independent specialist platform provider and investment administrator with a specialization in managed accounts in Australia. It offers wealth management options for stockbrokers, wealth managers, and financial advisory firms. The company provides portfolio administration services, such as administration and reporting for client portfolios where the assets are held in the name of the client; and Xplore wealth investment wrap and superannuation and pension service that provides retail investors the ability to access a range of listed securities, managed funds, and model portfolios through an investor directed portfolio service. It also offers managed discretionary account services, separately managed accounts, superannuation, and RSE and superannuation administration services. The company was formerly known as Managed Accounts Holdings Limited and changed its name to Xplore Wealth Limited in April 2019. Xplore Wealth Limited was founded in 2004 and is based in Sydney, Australia. As of February 19, 2021, Xplore Wealth Limited operates as a subsidiary of HUB24 Limited.
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5 years, 5 months ago
Xplore Wealth Limited is currently in a long term uptrend where the price is trading 50.2% above its 200 day moving average.
From a valuation standpoint, the stock is 94.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.7.
Xplore Wealth Limited's total revenue rose by 4.7% to $12M since the same quarter in the previous year.
Its net income has increased by 72.3% to $-3M since the same quarter in the previous year.
Finally, its free cash flow fell by 18.8% to $374K since the same quarter in the previous year.
Based on the above factors, Xplore Wealth Limited gets an overall score of 4/5.