Online product comparison website iSelect (ASX: ISU) last week announced its half yearly result with underlying net profit after tax growing by 27% to $5.4...
Online product comparison website iSelect (ASX: ISU) last week announced its half yearly result with underlying net profit after tax growing by 27% to $5.4 million. The company also reconfirmed guidance of 10-12% NPAT growth. CEO Alex Stevens, who has been at the helm for almost a year, has stabilised the group's earnings after a very rocky start to listed life following its IPO in June 2013. Finally, one of its major customers, health insurer NIB in its result, highlighted the importance of online comparison tools to drive premium growth.
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 27 years and is the investment manager for nine LICs and two unlisted funds. Wilson Asset Management invests over $6 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the Future Generation companies, the first LICs to deliver both investment and social returns.
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