Kinovo PLC (GB:KINO) has released an update.
Kinovo PLC, a specialist in property services focusing on compliance and sustainability, has reported a strong financial performance for FY24, with an adjusted EBITDA of £6.7 million, surpassing both the previous year’s results and management’s expectations. The company saw revenues of approximately £64 million, which reflects a strategic shift in project revenue mix and the successful progression of their growth strategy based on Regulation, Regeneration, and Renewables. Despite some administrative delays, Kinovo has also made significant progress with its discontinued operations, nearing the completion of several projects.
For further insights into GB:KINO stock, check out TipRanks’ Stock Analysis page.
