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An announcement from AF Legal Group Limited ( (AU:AFL) ) is now available.
AF Legal Group Limited reported a 19% increase in revenue to $12.7 million for the half-year ending December 2024, despite facing significant one-off expenses related to legal defense and acquisition costs. The company’s profitability was impacted by these expenses, resulting in a 46% decrease in profit after tax. However, the company continues to experience steady growth, bolstered by recent acquisitions, and anticipates continued profitability in the upcoming half-year.
More about AF Legal Group Limited
AF Legal Group Limited operates in the legal services industry, focusing on criminal and family law practices. The company has expanded its market presence through acquisitions, including Armstrong Legal’s practices and website.
YTD Price Performance: -1.36%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €7.69M
Learn more about AFL stock on TipRanks’ Stock Analysis page.