Multiple records fall as ASX releases its FY22 report card

A whopping $255 billion in capital was raised via the ASX in FY22, with the exchange’s newly released annual report detailing how it “enables companies to manage operations and grow”.

A whopping $255 billion in capital was raised via the ASX in FY22, with the exchange’s newly released annual report detailing how it “enables companies to manage operations and grow”.

Beyond the capital raised, which was up 149% on FY21, the year saw 217 new listings (up 23%) and 155,451 company announcements (up 6% – a new record) published on the platform.

Two million investors and 10,000 financial advisers used exchange-traded funds, ASX Limited said, adding it had delivered total shareholder returns of 122% since August 2016.

ASX reported 10 consecutive years of operating revenue growth, operating revenue of a record $1.023 billion across its four businesses, EBIT of $689 million (up 7.5%), profit after tax of $509 million, and 236.4 cents in total dividends per share, fully franked (up 5.7%).

All business units increased revenue, with decade-high levels of listings activity and record results delivered in the securities/payments and technology/data businesses.

“A financially robust, well-resourced ASX is not only good for our shareholders, it is also vital for the health of Australia’s financial market, ensuring investment in the infrastructure critical to stability, efficiency and functionality,” chair Damian Roche said.

He added that ASX is in a stronger financial and operational position than it was 12 months ago, saying: “We enter the new financial year and the start of a new strategic phase for ASX with renewed energy and confidence.”

FY23 has already seen a change in leadership for the company, with the appointment of a new Managing Director and CEO. Helen Lofthouse, the first female CEO in ASX’s history, took on the role this month, following the retirement of Dominic Stevens.

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