Pacific Current Group Limited provided earnings guidance for the fiscal 2020 and 2021. Based on the most recent financial information received from its portfolio companies, PAC expects underlying Net Profit After Tax (NPAT) to be in the range of AUD 24.0 million to AUD 25.0 million for the fiscal 2020, which compared to AUD 20.8 million in 2019. With the new investments in Proterra and Pennybacker, PAC expects its earnings to be slightly biased toward the second half of the fiscal year. Looking ahead to fiscal 2021, the company is optimistic about its earnings prospects due to the of the contributions of new investments and the expected organic growth of Tier 1 boutiques. Moreover, PAC expects that in the fiscal 2021 approximately 75% of its revenues will come from investment managers with revenues not directly linked to public equity markets.