MA Financial Group Limited (ASX: MAF) is expecting its FY22 Underlying earnings per share (EPS) to be between 38.0 and 38.5 cents, up 28% to 30% on FY21.
This is a decrease from the Group's initial guidance of 30-40% due to completion timing of multiple corporate advisory transactions that have been largely completed in FY22 but are expected to close in 1Q23.
Gross fund inflows in 2H22 of over $960 million into the Group's managed funds were up 37%, and total Assets under Management (AUM) at 31 December 2022 of $7.8 billion were up 13%.
Additionally, the Group's technology enabled mortgage marketplace business, Finsure, has approximately 2,600 brokers on its platform, and managed loans of $90 billion at 30 November 2022, which is up 34% from 31 December 2021.
More details will be provided when the Group reports its FY22 financial result on 23 February 2023.