Omni Bridgeway Ltd (AU:OBL) has released an update.
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Omni Bridgeway Ltd has reported robust investment performance for the quarter ending 31 March 2024, with investment income reaching A$296 million and 23 full and 17 partial completions contributing to a multiple on invested capital of 2.0x. The company is on course to meet its A$625 million target for new commitments, having already achieved A$333 million in new commitments and A$447 million in new fair value. With a strong pipeline and A$4.4 billion in estimated portfolio value expected to complete in the next year, Omni Bridgeway is poised for continued financial growth.
For further insights into AU:OBL stock, check out TipRanks’ Stock Analysis page.
