IPH Limited announced FY22 results for the period ended 30 June 2022

Aug 18, 2022

IPH Limited (ASX: IPH) announced its FY22 results for the period ended 30 June 2022:

  • In FY22, the company reported statutory net profit after tax of AU$52.6 million, equating to Diluted EPS of 24.0 cents per share, and underlying net profit after tax of AU$86.7 million, up 14%, equating to Underlying Diluted EPS of 39.5 cents.
  • It has reported an underlying EBITDA of AU$137.4 million, up 11% from organic growth and assisted by currency benefits.
  • The company’s financial position and strong cash generation and balance sheet enabled a 3% improvement in the final dividend to 16 cents per share (50% franked), bringing the full-year dividend to 30.5 cents per share, compared to 29.5 cents per share for the prior year.
  • IPH Limited has signed an agreement to acquire Canadian intellectual property firm Smart & Biggar for a total of AU$387 million.

 

 

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