Site Group International Limited (AU:SIT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Site Group International Limited reported a revenue of $1.8m in Q4 FY24, with an EBITDA loss of $175k, but anticipates significant revenue growth and operational cash flow improvements in upcoming quarters driven by international training program expansions and strategic restructuring. The company has streamlined its operations, reducing costs and overheads, and is optimistic about returning to profitability with training awards in KSA and a strong outlook for 2025 revenues, alongside development gains from a key property investment in the Philippines.
For further insights into AU:SIT stock, check out TipRanks’ Stock Analysis page.