Shine Justice Ltd. (AU:SHJ) has released an update.
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Shine Justice Ltd has strategically refocused its efforts on personal injuries and class actions after divesting non-core areas, leading to a 26.7% decrease in EBITDA for FY24. However, net profit after tax improved to $6.0 million, and their gross operating cash flow saw a significant turnaround. The company resolved over 5,000 cases, securing more than $810 million in damages for clients, demonstrating resilience and commitment to growth.
For further insights into AU:SHJ stock, check out TipRanks’ Stock Analysis page.