Camplify Holdings Ltd. (AU:CHL) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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.
For further insights into AU:CHL stock, check out TipRanks’ Stock Analysis page.