hipages Group Holdings Ltd. (AU:HPG) has released an update.
hipages Group Holdings Ltd. reports a robust financial performance in FY24, with a 13% increase in total revenue to $75.8 million and a notable 33% rise in EBITDA to $16.4 million, reflecting strong marketplace momentum and an improved margin of 22%. The company reached a significant milestone with a positive free cash flow of $2.1 million, underpinned by increased tradie subscriptions and higher job connection rates, despite a slight decrease in job volume.
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