Babylon Reports Strong Revenue Growth and Profit
Company Announcements

Babylon Reports Strong Revenue Growth and Profit

Babylon Pump & Power Ltd (AU:BPP) has released an update.

Babylon Pump & Power Limited reported a robust financial performance for the fiscal year ending June 30, 2024, with revenues surging by 28% to $41.7 million, and a significant turnaround to a profit of $508,027 from a loss in the previous year. The company also saw a 133% increase in earnings per share, although no dividends were declared for the current or previous year. Furthermore, Babylon’s net tangible assets per security showed a slight increase from the prior year.

For further insights into AU:BPP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskBabylon Pump & Power’s Strong Cash Flow and Growth Plans
TipRanks Australian Auto-Generated NewsdeskBabylon Pump & Power Updates Proxy Form Dates
TipRanks Australian Auto-Generated NewsdeskBabylon Pump & Power Sets AGM Date for November
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App