MaxiPARTS Limited (AU:MXI) 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
MaxiPARTS Limited reports a robust financial performance for FY24 with a 24.4% increase in EBITDA to $23.0m and a total revenue surge of 20.9% to $243.9m, despite a general slowdown in transport activities. The company has announced a fully franked final dividend of 2.57 cents per share, following a year marked by strategic acquisitions and organic growth initiatives. However, the company also recorded a statutory net profit after tax decline to $2.8m, including a loss from discontinued operations.
For further insights into AU:MXI stock, check out TipRanks’ Stock Analysis page.