Ten Lifestyle Group PLC (GB:TENG) has released an update.
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Ten Lifestyle Group PLC maintains steady performance with £30.9m net revenue, mirroring the previous year’s figures, while adjusted EBITDA rises to £5.3m, a 7% increase. Significant investments in digital platforms and AI technologies are driving member satisfaction and engagement, with active members growing by 13% to 356k. Notable contract developments, including new agreements with global financial institutions, are set to support revenue growth for the second half of 2024 and beyond.
For further insights into GB:TENG stock, check out TipRanks’ Stock Analysis page.
