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Navigator Global Investments Ltd ( (AU:NGI) ) has issued an update.
Navigator Global Investments Ltd reported a significant increase in its financial performance for the year ended 31 December 2024, with revenue rising by 40% and net profit attributable to members surging by 589%. The impressive results were driven by positive changes in the value of investments, strong performance fee revenue from its US subsidiary, and the resolution of a financial liability in the prior period. The company announced a final dividend policy aimed at supporting business growth, while its net tangible assets per share decreased compared to the previous year.
More about Navigator Global Investments Ltd
Navigator Global Investments Ltd is a company operating in the financial services industry, focusing on investment management. Its primary products include various investment solutions, with a market focus on generating returns through strategic asset management, primarily through its US subsidiary.
YTD Price Performance: -37.45%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $525.2M
Find detailed analytics on NGI stock on TipRanks’ Stock Analysis page.
