Gore Street Energy Storage (GB:GSF) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Gore Street Energy Storage Fund PLC reports a robust performance for the fiscal year ended 31 March 2024, with a notable increase in revenue, EBITDA, and operational capacity. The Company’s diversified approach, which spans different geographic markets and regulatory environments, has led to a consistent revenue of £15.1 per MW/hr and an EBITDA margin of c.69%. Despite UK market challenges, global operations have driven growth, with a 45% year-on-year increase in energised capacity and a trend of rising dividend covers, reflecting the company’s positive trajectory and operational success.
For further insights into GB:GSF stock, check out TipRanks’ Stock Analysis page.
