Helloworld Travel Ltd (AU:HLO) 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
Helloworld Travel Limited has reported a significant increase in financial performance for FY24, with Total Transactional Value jumping 62.5% to $4.2 billion and revenue growing by 37.5%. The company’s net profit after tax soared by 60.2%, resulting in a higher dividend payout of 11.0 cents per share. This growth is attributed to strong performance across all geographic segments, strategic investments in technology, and robust balance sheet with zero bank debt.
For further insights into AU:HLO stock, check out TipRanks’ Stock Analysis page.