Cash Converters International Limited (AU:CCV) has released an update.
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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.
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