Australian Bond Exchange Boasts Solid Quarterly Growth

Australian Bond Exchange Holdings Ltd. (AU:ABE) has released an update.

Australian Bond Exchange Holdings Ltd reported a strong financial performance in Q3 FY24, with a 27% increase in revenue to $1.46 million and significant improvements in operating cash flow. The company also launched a new Credit Linked Security and continues to expand its market reach, increasing client numbers and portfolio sizes by 14% and 11%, respectively. These developments reflect the company’s ongoing efforts to innovate and make bonds more accessible to Australian investors.

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