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Camplify Holdings Reports Growth Amid Challenges

Camplify Holdings Reports Growth Amid Challenges

Camplify Holdings Ltd. (AU:CHL) has released an update.

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Camplify Holdings Ltd has reported a 13.1% increase in gross transaction volume to $165.5 million and a 24.9% rise in revenue for FY24, despite facing challenges including an $8.1 million after-tax statutory loss. The company attributes its success in part to strong performances in the UK and New Zealand, with revenue growth of 108% and 69% respectively. Looking forward, Camplify aims to further diversify its revenue streams by expanding its MyWay insurance platform across Europe.

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