Executive Series: MYOB Group (MYO) CEO, Tim Reed

CommSec

Online Stockbroker

In this short video we discuss; MYO’s recently reported results which included revenues for the six month period increasing to $204 million, up 14 per cent on prior year, and underlying earnings before interest, tax, depreciation and amortisation (EBITDA) which rose to $90 million, up 9 per cent on prior year. After tax profit  was $48 million, up 9 per cent on prior year.

  • The number of paying users in the SME segment, which increased by 5 per cent on the prior year to 601,000, driven by online additions which rose 53 per cent on prior year to 306,000
  • MYO’s outlook for dividend payments which paved the way for the group declaring an interim dividend of 5.75 cents per share, up 5 per cent from the dividend paid in relation to 1H16, and representing 72 per cent of 1H17 of after tax profit.

 

 


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CommSec
CommSec
Online Stockbroker
Online Stockbroker

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...

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