Prime Financial Group Limited (AU:PFG) has released an update.
Prime Financial Group Ltd successfully closed a $3.3 million funding round through an Entitlement Offer and acquired Equity Plan Management, expecting to boost revenue and EBITDA significantly. The company’s strategy of pursuing growth through acquisitions and internal development is on track with the appointments of a new Independent Non-Executive Director and Chief Growth Officer. These strategic moves aim to double Prime’s revenue from $26 million in FY22 to $50 million in FY25, and then to $100 million, further solidifying its market position.
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