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Halo Technologies Holdings Ltd ( (AU:HAL) ) just unveiled an update.
Halo Technologies Holdings Ltd has reported a strong financial performance for the year ending 31 December 2024, highlighting a significant 45.5% increase in operating revenue to $18.7 million, driven by robust growth in Funds Under Management and brokerage revenue. The company has raised $6.75 million in capital to support its UK subsidiary, Halo Invest, which is part of its strategic expansion into offshore markets. With the successful launch of its HALO Global Equity Research platform in the UK and ongoing developments in its HALO Wealth Management Platform, the company aims to further expand its B2B network and subscriber base in Australia while advancing its UK operations.
More about Halo Technologies Holdings Ltd
HALO Technologies is a company that provides online global equities research and trade execution software solutions. It aims to offer institutional-grade analytical frameworks and market insights to everyday investors through its two main offerings: HALO Global for hands-on investors seeking professional tools, and HALO Trading for global trade execution and themed investment portfolios suitable for low-touch investors, value-based investors, and Self-Managed Superannuation Funds.
YTD Price Performance: -22.00%
Average Trading Volume: 28,864
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of HAL stock, go to TipRanks’ Stock Analysis page.
