ImExHS Limited (AU:IME) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ImExHS Limited reported a robust first half of the financial year 2024, with a significant 57% increase in revenue to $13.8m and a solid 21% growth in Annualized Recurring Revenue to $29.6m. Despite the revenue growth, the company saw a 47% decrease in underlying EBITDA, with a profit of $0.3m. The company’s strategic renewals, new contracts, and operational improvements indicate a strong sales momentum and potential for continued growth.
For further insights into AU:IME stock, check out TipRanks’ Stock Analysis page.