tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CleanSpace Holdings Reports Strong FY25 Results with Positive Growth in Industrial Markets

Story Highlights
CleanSpace Holdings Reports Strong FY25 Results with Positive Growth in Industrial Markets

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

CleanSpace Holdings Ltd. ( (AU:CSX) ) just unveiled an announcement.

CleanSpace Holdings Limited reported strong financial results for FY25, with a 26% increase in revenue to $19.8 million and a gross margin improvement to 75%. The company achieved positive EBITDA and cash flow in the second half of the year, driven by growth in industrial markets, particularly in the USA where revenue increased by 45%. The company’s strategy to expand its presence in industrial markets and launch new products like the ‘CleanSpace WORK’ respirator has shown positive results, with significant growth in Europe and emerging opportunities in Southeast Asia and South America.

The most recent analyst rating on (AU:CSX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on CleanSpace Holdings Ltd. stock, see the AU:CSX Stock Forecast page.

More about CleanSpace Holdings Ltd.

CleanSpace Holdings Limited is an Australian company that designs, manufactures, and sells premium respiratory protection solutions for industrial and healthcare markets.

Average Trading Volume: 28,831

Technical Sentiment Signal: Buy

Current Market Cap: A$62.61M

See more data about CSX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1