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iFAST starts 2021 with record earnings of $8.8 mil and AUA of $16.11 bil

Felicia Tan
Felicia Tan4/23/2021 12:10 AM GMT+08  • 2 min read
iFAST starts 2021 with record earnings of $8.8 mil and AUA of $16.11 bil
An interim dividend of 1 cent per share has been declared for the 1QFY2021, compared to the 0.75 cent in 1QFY2020.
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iFAST Corporation has reported record earnings of $8.8 million in the 1QFY2021 ended March, representing a 142.5% surge y-o-y compared to earnings of $3.6 million in the 1QFY2020.

Net revenue grew 51.4% y-o-y to $28.5 million, while gross revenue grew 43.8% y-o-y to $55.3 million.

Like 2020, iFAST’s growth in profit was substantially higher than the growth in revenue.

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