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Cuscal Limited Reports Revenue Growth Amid Profit Decline and Strategic Acquisition

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Cuscal Limited Reports Revenue Growth Amid Profit Decline and Strategic Acquisition

An announcement from Cuscal Limited ( (AU:CCL) ) is now available.

Cuscal Limited reported a 9% increase in revenue from ordinary activities for the half-year ending December 2024, reaching $249 million. However, the company experienced a decline in profit before tax by 19% to $17.5 million and a decrease in profit from ordinary activities after tax by 8% to $12.2 million. Despite these challenges, Cuscal completed the acquisition of the remaining shares in Braavos Corporation Limited, although this did not materially impact their profits. The company declared a final dividend and a special dividend, but no interim dividend for the period.

More about Cuscal Limited

Cuscal Limited operates in the financial services industry, providing payment solutions and financial services. The company focuses on offering a range of products including payment processing and financial transaction services, catering primarily to financial institutions and businesses.

YTD Price Performance: 13.27%

Average Trading Volume: 341,839

For an in-depth examination of CCL stock, go to TipRanks’ Stock Analysis page.

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