Auctus Investment Group Limited (AU:AVC) has released an update.
Auctus Investment Group Limited reported a significant 784.3% increase in profit after tax, reaching $2.012 million for the fiscal year ended June 2024, despite a sharp 76.7% decrease in revenues to $3.765 million. The company saw a modest growth in Assets Under Management to $540 million, launched two new funds, and returned $58 million in investor capital following the sale of PETstock. Auctus did not pay or declare dividends during this period but did provide a Return of Capital to shareholders.
For further insights into AU:AVC stock, check out TipRanks’ Stock Analysis page.
