hipages Group Reports Strong FY24 Financial Growth
Company Announcements

hipages Group Reports Strong FY24 Financial Growth

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.

For further insights into AU:HPG stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App