iFast says that this increase in profitability was driven by a turnaround of iFast Global Bank (iGB) and continuing growth in the group's core wealth management platform business.
iFast Corporation has reported earnings of $19.04 million for the 1QFY2025 ended March 31, up 31.2% y-o-y.
The group's gross revenue for the quarter rose 24.4% y-o-y to $106.92 million.
