Financial Gravity Companies, Inc. Files FY2024 Year-End Report, Celebrates Sustained Profitability and Strategic Growth

February 05, 2025 at 06:00 AM EST

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Financial Gravity Companies, Inc. (OTC: FGCO) proudly announces the filing of its report for the first quarter of fiscal year 2025. The results underscore a continuation of our progress on profitability, growth, and our offerings for financial advisors and their clients.

Financial Gravity remains focused on its mission to provide exceptional financial services to its clients through its proprietary Multi-Family Office model that provides integrated solutions that combine wealth management, tax planning, tax compliance and return preparation services, and risk mitigation. Financial Gravity will continue to focus on differentiating the company in the financial services industry by providing coordinated financial services in a one-stop shop and driving long-term value for advisors and their clients.

Key financial and operational highlights include:

Profitability For Fiscal Quarter: The company achieved a net income of $46,000 for Q1 2025.
Revenue Growth: Our operating showed an increase in revenue year over year of about $200,000.
Strategic Investments in Offerings: Financial Gravity invested in its platform to make it more compelling for the advisors it recruits and their clients. Enhancements include proprietary content, the use of artificial intelligence to drive the integration of more services and automation features, and technology upgrades to enrich the advisor and client experience.

Scott Winters, CEO of Financial Gravity, stated:

"The first quarter of FY2025 marked a continuation of our improvement in net income over the first quarter of last fiscal year. Our improvement of systems will help ensure that we continue to deliver exceptional value to advisors and their clients while positioning the company for sustained growth. We are committed to advancing our mission to democratize the delivery of integrated financial services to mass affluent clients through our proprietary Multi-Family Office experience."

For additional details, please refer to the full year-end report available on the OTC Markets platform.

About Financial Gravity Companies, Inc.

Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.