Tavistock Investments (GB:TAVI) 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
Tavistock Investments has reported a fifteenfold increase in EBITDA to £2.23 million and a 16% rise in gross revenues to £39.5 million for the financial year ending March 31, 2024. The company halved its operating loss and saw a substantial contribution from its recently acquired protection business, Tavistock Protect Limited. Despite a decrease in cash reserves, the firm is positioning itself for growth and dealing with legal challenges from a former business partner, Titan Wealth Services.
For further insights into GB:TAVI stock, check out TipRanks’ Stock Analysis page.