Agency Group’s Solid Sales Amid Financial Losses

Agency Group Australia Ltd (AU:AU1) has released an update.

Agency Group Australia Ltd has reported a substantial portfolio in property management, valued at $27.91M, and impressive sales figures with 5,734 properties sold in FY23, resulting in a Gross Commission Income of $95.4M. Despite robust revenues of $76.9M from ordinary activities, the company faced an underlying EBITDA loss of -$1,297K for the same fiscal period.

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