CleanSpace Holdings Ltd. (AU:CSX) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
CleanSpace Holdings Ltd. has reported a robust financial performance for FY24, with a 30% increase in revenue to $15.7M and significant industrial-led growth. The company achieved a gross margin improvement to 72% and realized annual expense savings of $4M, turning cash flow positive in Q4. This momentum is underpinned by innovative product launches and strong sales in Europe and the Asia Pacific, despite a slight decline in North America.
For further insights into AU:CSX stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue