Omni Bridgeway Reports Robust FY24 Results
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Omni Bridgeway Reports Robust FY24 Results

Omni Bridgeway (AU:OBL) has released an update.

Omni Bridgeway Limited reported strong financial results with an investment income of A$391 million for FY24, and an impressive overall multiple on invested capital (MOIC) of 2.7 times. The company saw 76 completions and one secondary market transaction, contributing to a significant increase in fair value by A$631 million from A$484 million of new commitments. Looking ahead, Omni Bridgeway has a robust pipeline with A$148 million in new commitments and A$0.8 billion in potential fair value completions over the next year.

For further insights into AU:OBL stock, check out TipRanks’ Stock Analysis page.

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