Financial Gravity Companies, Inc. Announces Strong Third Quarter Results with Significant Growth in Assets Under Management and Revenue

Financial Gravity Companies, Inc. (OTC: FGCO) is pleased to report strong financial results for the third quarter of 2024. The company demonstrated significant growth in assets under management and revenue and a notable improvement in operating results.

Financial Gravity experienced substantial growth in assets under management, increasing by over $50 million during the third quarter. This growth reflects the company’s expanding client base and the trust placed in its financial services offerings.

The company also saw a significant boost in revenue, with an increase of nearly $500,000 for the quarter and over $1,900,000 for the nine months ended September 30, 2024. This robust revenue growth underscores the effectiveness of Financial Gravity’s business strategies and the increasing demand for its services.

Perhaps most notably, Financial Gravity achieved a remarkable turnaround in operating results, moving from a loss of ($215,921.93) to a profit of $172,956.91 for the nine months ended September 30, 2024. The company is particularly pleased with this improvement, which demonstrates its commitment to financial discipline and operational efficiency.

“We are thrilled with our third quarter performance, which reflects the continued success of our strategic initiatives and the dedication of our team,” said Scott Winters, Financial Gravity’s CEO. “The substantial growth in our assets under management and the significant increase in revenue demonstrate the strength of our business model and the trust our clients place in us. Moreover, we are especially proud of the improvement in our operating results, which show our ability to translate growth into profitability. This positive shift is a testament to our team’s hard work and our focus on creating value for both our clients and shareholders.”

Financial Gravity remains focused on its mission to provide exceptional financial services to its clients, leveraging its expertise in tax planning, wealth management, and risk mitigation. The company’s growth in assets under management further solidifies its position in the financial services industry and enhances its ability to deliver comprehensive solutions to clients.

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Contact Financial Gravity

1-800-588-3893
2501 Ranch Rd 620 S, Ste 110 Lakeway, Texas 78734

Financial Gravity employees are offered insurance through United Healthcare. To access the machine-readable files created and published by UnitedHealthcare, please click here.

© 2024 Financial Gravity Companies, Inc. 

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