Humm Group Limited (AU:HUM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Humm Group Limited has reported a strong financial performance for FY24 with an 18% increase in receivables to $5.0 billion and a 22% rise in cash profit after tax in the second half, despite facing economic challenges. The company continues to leverage its strengths in B2B relationships and credit management while addressing legacy technology issues to enhance customer experience. With a robust balance sheet and strategic investments, Humm Group is poised for long-term growth.
For further insights into AU:HUM stock, check out TipRanks’ Stock Analysis page.
