SHAPE Australia Reports Strong FY24 Gains

Shape Australia Corporation Limited (AU:SHA) has released an update.

SHAPE Australia Corporation Limited has reported a substantial 53% increase in Net Profit After Tax (NPAT) and a 33% rise in EBITDA for the financial year 2024, despite a slight revenue dip of 2.7%. The company has successfully expanded its presence in non-office sectors and geographically, resulting in a robust backlog of orders and optimistic prospects for FY25. Shareholders are rewarded with a generous 48% dividend increase, reflecting the company’s strong financial health and strategic cost management.

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