Auctus Investment Group Limited (AU:AVC) has released an update.
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Auctus Investment Group Limited reported a profitable fiscal year 2024 with a Net Profit After Tax of $2.0m and a strong cash flow from operations at $2.9m. The company’s Assets Under Management grew to $540m, with significant capital returns to investors including over $60m in capital from two funds and a $4.4m capital return to shareholders. Auctus also highlighted the closure of US Opportunities Fund I with a focused investment strategy in high-value sectors and the launch of US Opportunities Fund II, set to pursue similar success.
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