Vertex Resource Group Ltd. (TSE:VTX) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Vertex Resource Group Ltd. has reported a record-breaking year with net revenue reaching $247.3 million and adjusted EBITDA hitting $37.9 million, marking the highest figures in the company’s history. The fourth quarter of 2023 alone saw a highest-ever net revenue of $61.3 million and a significant increase in free cash flow to $4.0 million. These impressive results reflect the company’s successful strategies in competitive pricing, debt reduction, and diversification.
For further insights into TSE:VTX stock, check out TipRanks’ Stock Analysis page.