Perpetual Limited
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Perpetual Limited - overview
Established
1886
Location
Sydney, NSW, Australia
Primary Industry
Financial Services
About
Based in Australia, Perpetual Limited operates as a leading provider of financial services, specializing in wealth management, asset management, and corporate trust functions to help clients achieve their financial objectives. Founded in 1886, Perpetual Limited is headquartered in Sydney, Australia. The company provides a range of financial services, focusing on long-term investment strategies. CEO Amish Gandhi and Rob Adams lead the firm, which has evolved its business model to adapt to changing market conditions.
Perpetual Limited offers a comprehensive suite of financial services designed to foster enduring prosperity for its clients. The company specializes in wealth management, asset management, and corporate trust services. Within wealth management, they provide tailored advice for high net worth individuals and families, addressing their unique financial goals and challenges. The asset management division focuses on managing investments across various asset classes, including Australian shares, global shares, credit, and fixed-income instruments, catering to both individual and institutional investors.
Corporate trust services encompass trustee and custodial functions, supporting clients in managing their fiduciary responsibilities effectively. Perpetual serves a diverse client base, including private investors, institutions, and not-for-profit organizations, across markets in Australia, New Zealand, and select regions in Asia. In 2023, Perpetual Limited reported a revenue of AUD 696. 30 mn and an EBITDA of AUD 141.
67 mn. The company generates revenue primarily through fees associated with its wealth management and asset management services. The company's transactions with clients typically involve service fees calculated as a percentage of assets under management, alongside flat fees for specific advisory services. In wealth management, clients may engage in a subscription model for ongoing financial advice, while institutional clients often enter into partnerships for portfolio management services.
The corporate trust services segment operates on a fee-for-service basis, with revenue derived from trustee functions and custodial services provided to institutional clients. Perpetual's flagship offerings include the Perpetual Credit Income Trust and a range of actively managed investment funds, which reflect the company's commitment to delivering consistent returns and enhancing client wealth.
Primary Industry
Financial Services
Sub Industries
Consulting Services, Consumer Finance, Credit Collections & Services, e-Financial
Website
www.perpetual.com.au
Verticals
FinTech
Total Amount Raised
Subscriber access only
Perpetual Limited - timeline of key events
Perpetual Limited - financials
| Fiscal Year Ended | Jun 30, 2001 | Jun 30, 2002 | Jun 30, 2003 | Jun 30, 2004 | Jun 30, 2005 | Jun 30, 2006 | Jun 30, 2007 | Jun 30, 2008 | Jun 30, 2009 | Jun 30, 2010 | Jun 30, 2011 | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 290,294,000 | 244,063,000 | 265,010,000 | - | - | - | - | - | - | - | - | 399,508,000 | 397,478,000 | 450,070,000 | 510,877,000 | 507,729,000 | 520,881,000 | 538,845,000 | 519,405,000 | 491,297,000 | 652,075,000 | 749,600,000 | - | - | - |
| % Revenue Growth (YoY) | - | (15.9%) | 8.6% | - | - | - | - | - | - | - | - | - | (0.5%) | 13.2% | 13.5% | (0.6%) | 2.6% | 3.4% | (3.6%) | (5.4%) | 32.7% | 15.0% | - | - | - |
| EBITDA (USD) | 97,094,000 | 118,420,000 | 123,189,000 | - | - | - | - | - | - | - | - | 52,013,000 | 93,229,000 | 127,880,000 | 192,508,000 | 203,054,000 | 211,386,000 | 212,294,000 | 184,974,000 | 152,820,000 | 162,710,000 | 198,800,000 | - | - | - |
| Operating Income (USD) | 76,979,000 | 103,882,000 | 109,135,000 | - | - | - | - | - | - | - | - | 37,185,000 | 84,137,000 | 115,409,000 | 177,627,000 | 186,121,000 | 192,176,000 | 193,930,000 | 164,949,000 | 120,633,000 | 116,781,000 | 146,100,000 | - | - | - |
| Operating Margin | 26.5% | 42.6% | 41.2% | - | - | - | - | - | - | - | - | 9.3% | 21.2% | 25.6% | 34.8% | 36.7% | 36.9% | 36.0% | 31.8% | 24.6% | 17.9% | 19.5% | - | - | - |
| % EBITDA Margin | 33.4% | 48.5% | 46.5% | - | - | - | - | - | - | - | - | 13.0% | 23.5% | 28.4% | 37.7% | 40.0% | 40.6% | 39.4% | 35.6% | 31.1% | 25.0% | 26.5% | - | - | - |
| NET Income (USD) | 52,963,000 | 75,584,000 | 78,201,000 | - | - | - | - | - | - | - | - | 23,043,000 | 60,385,000 | 82,359,000 | 123,803,000 | 132,005,000 | 137,293,000 | 140,227,000 | 115,929,000 | 81,999,000 | 74,869,000 | 101,200,000 | - | - | - |
| % Net Margin | 18.2% | 31.0% | 29.5% | - | - | - | - | - | - | - | - | 5.8% | 15.2% | 18.3% | 24.2% | 26.0% | 26.4% | 26.0% | 22.3% | 16.7% | 11.5% | 13.5% | - | - | - |
Perpetual Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | Perpetual Limited's financial advice, wealth management, and traditional trustee businesses | - | ||||||||
| Add-on | Completed | April | - | ||||||||
| Corporate Carve Out | Lapsed/Withdrawn | Perpetual's Corporate Trust and Wealth Management Unit | - |
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Perpetual Limited - employee data
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