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A good year minted

Despite a global pandemic, Mint Asset Management has had a number year, its latest accounts show.

Mint recorded a 33.29% increase in its net profit after tax for the 12 months ending March 31. According it its recently filed accounts NPAT rose from $1.5 million to a tad over $2 million.

As a consequence the company paid out a dividend to its eight shareholders totalling $1.25 million. Founder and chief executive Rebecca Thomas is the majority shareholder with more than 80% of the company.

During the year Mint increased its revenue from 19.69% from $7.24 million to $8.67 million.

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