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 reported a significant revenue increase of 21% to $243,883 for the fiscal year ending June 30, 2024, despite a considerable decline in net profits by 53% to $2,765. Earnings per share also halved from the previous year to 5.29 cents. Concurrently, the company declared a lower dividend of 2.57 cents per share and announced the acquisition of Nineteen Group Pty Ltd and its subsidiary.
For further insights into AU:MXI stock, check out TipRanks’ Stock Analysis page.