Hubify Limited Faces Steep Profit Decline

Hubify Ltd. (AU:HFY) has released an update.

Hubify Limited reports a challenging fiscal year with significant downturns, including a 1021% plunge in profit, a 232% decrease in EBITDA, and a 126% drop in underlying EBITDA. Despite the financial setbacks, the company shows a marginal increase in cash and cash equivalents. No dividends were paid, recommended, or declared during the current or previous financial period.

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