ClearView Wealth Ltd (ASX:CVW)
A$ 0.59 -0.005 (-0.84%) Market Cap: 383.72 Mil Enterprise Value: 416.63 Mil PE Ratio: 99.16 PB Ratio: 1.08 GF Score: 62/100

Full Year 2022 Clearview Wealth Ltd Earnings Call Transcript

Aug 24, 2022 / 12:00AM GMT
Release Date Price: A$0.7 (+3.70%)
Operator

Thank you for standing by and welcome to the ClearView Wealth Limited Financial Year 2022 Results Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Simon Swanson, Managing Director. Please go ahead.

Simon Swanson
ClearView Wealth Limited - MD & Director

Welcome to ClearView's FY '22 Results Conference Call. Today, I'm joined by ClearView's Chief Financial Officer, Athol Chiert. I will start with a high-level summary of ClearView's full year result before handing over to Athol who will talk about the underlying performance of our Life Insurance and Wealth Management businesses. I will wrap up with some market observations and provide an update on ClearView's strategic review. There will be an opportunity to ask questions at the end.

This morning, ClearView announced an underlying net profit after tax from continued operations of $26.4 million for the year ending the 30th of June 2022, up 22% on 2021, and a reported net profit after tax of $21.2 million, up 217% on 2021. This solid result reflected the

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