An update from Motorcycle Holdings Ltd. ( (AU:MTO) ) is now available.
MotorCycle Holdings Ltd. reported a strong financial performance for the half-year ending December 2024, with a 12% increase in sales revenue to $328 million and a 43% rise in net profit after tax to $9.4 million. The company attributed its growth to improved business operations, successful integration of New Zealand operations, and enhanced business systems, positioning itself for sustained growth and increased shareholder value.
More about Motorcycle Holdings Ltd.
MotorCycle Holdings Ltd. operates in the automotive industry, focusing on the sale of new and used motorcycles, retail parts and accessories, servicing and repairs, and finance and insurance commissions. The company is also involved in wholesale distribution, with a market presence in both Australia and New Zealand.
YTD Price Performance: -4.23%
Average Trading Volume: 30,397
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$133.6M
For an in-depth examination of MTO stock, go to TipRanks’ Stock Analysis page.