Insignia Financial Ltd (IFL)
All research reports and stock updates for Insignia Financial Ltd.
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Financials
Insignia Financial Ltd (IFL)
More difficult
In our view, IFL has three core issues for investors (these are not new issues)
Financials
Insignia Financial Ltd (IFL)
Skeletons in the closet
Despite IFL reporting an above consensus FY22 result, its balance sheet remains a significant concern with >2.0x net debt to FY23e EBITDA.
Financials
Insignia Financial Ltd (IFL)
When less is less
For a business that provides professional financial advice to thousands of customers across Australia, Insignia Financial (formerly IOOF) is becoming less forthcoming on the level of detail it provides to investors. The recent share price fall allows us to upgrade our recommendation to a Hold, but we now have concerns on the transparency of the company.