Of the total consolidated net profit after tax, $10.92 million is attributable to Countplus shareholders, according to an ASX statement.
Member firm operating profit before tax increased by 3 per cent to $20.15 million.
However, the company failed to achieve its positive profit guidance due to the impact of falling business confidence on earnings in the fourth quarter of 2012/13 – largely as a result of the election, according to the ASX statement.
Total net revenue for the group was $94.8 million for the financial year, up 3.5 per cent.
Organically driven financial planning revenue was up 4.6 per cent for the year, and contributed 20.8 per cent to total revenue.
Financial planning revenue included loyalty payments made by the Commonwealth Bank to Count Financial franchisees (a result of the takeover of Count Financial).
Net profit after tax ($11.08 million) was down two per cent during the financial year due to a slightly higher tax expense for the period, according to the ASX statement.
Countplus made nine acquisitions in the last 13 months, and future acquisitions will be made at the group level or as 'tuck in' acquisitions by member firms.
The group had net debt of $9.3 million as at 30 June 2013, compared to $2.4 million in the prior period. The increased debt was brought about by the nine acquisitions made in the last 13 months.
Countplus declared and paid a fully franked dividend of 12 cents per share for the 2012/13 financial year. The first quarterly dividend of 3 cents per share fully franked payable on 15 November 2013 was declared on 21 August 2013.
