An announcement from Eureka Group Holdings Limited ( (AU:EGH) ) is now available.
Eureka Group Holdings Limited reported a strong performance for the first half of 2025, with an 11% increase in revenue to $22.6 million, driven by strong resident demand and rental growth. The company’s underlying EBITDA rose by 16% to $8.2 million, although its statutory net profit after tax remained stable due to lower property revaluations. Eureka is actively pursuing a pipeline of over $100 million in acquisitions and has commenced a capital recycling program to optimize its asset portfolio. The company is also focusing on balancing rent increases with cost-of-living pressures faced by residents, while maintaining a solid financial position with low gearing.
More about Eureka Group Holdings Limited
Eureka Group Holdings Limited operates in the affordable rental accommodation industry, focusing on providing rental housing solutions. The company is involved in acquiring, developing, and managing rental properties, with a significant presence in Queensland and a growing interest in the all-age affordable rental market.
YTD Price Performance: -4.07%
Average Trading Volume: 244,875
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$250.3M
For an in-depth examination of EGH stock, go to TipRanks’ Stock Analysis page.