Frugl Group Limited (AU:FGL) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Frugl Group Limited has reported significant growth through its subsidiaries, with Trienpont securing new contracts estimated to bring in $60,000 in monthly revenue over six months, plus $30,000 in one-off revenue. In addition, InFocus Analytics continues to expand its services within the Australian retail sector, securing new engagements with existing clients. These developments contribute to Frugl’s strategy of building a strong recurring revenue base, aiming to steer the company towards a cash flow positive future.
For further insights into AU:FGL stock, check out TipRanks’ Stock Analysis page.