Temple & Webster Group Ltd (AU:TPW) has released an update.
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Temple & Webster Group Ltd saw a significant 26% year-on-year increase in revenue, reaching $498m in FY24, and continues to experience strong growth into FY25. The company boasts a profitable and asset-light model that has generated over $25m in free cash flow, with an EBITDA margin of 2.6%, which aligns with their targets. With a robust cash balance of $116m and no debt, Temple & Webster is poised to hit its mid-term revenue goal of over $1 billion.
For further insights into AU:TPW stock, check out TipRanks’ Stock Analysis page.
