Cash Converters International Limited (AU:CCV) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Cash Converters International Limited reported a robust 26% increase in revenue and a 21% rise in EBITDA for FY24, driven by strong loan book growth and strategic store acquisitions. The company acquired 47 stores in the UK and 3 in Australia, enhancing its footprint and contributing $3.7 million in EBITDA. With plans to further expand its product offerings and store network, Cash Converters is positioning itself for continued growth.
For further insights into AU:CCV stock, check out TipRanks’ Stock Analysis page.