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Cuscal Surpasses FY25 Forecast and Acquires Indue for Strategic Growth

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Cuscal Surpasses FY25 Forecast and Acquires Indue for Strategic Growth

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The latest announcement is out from Cuscal Limited ( (AU:CCL) ).

Cuscal Limited announced that its FY25 Pro Forma NPAT exceeded the Prospectus forecast, with significant growth in transaction volume and financial metrics. The company declared a final dividend and maintained a positive outlook for future growth. Additionally, Cuscal has strategically acquired Indue Limited for $75 million, aiming to achieve operational efficiencies and enhance client offerings. The acquisition is expected to generate substantial cost synergies and improve the company’s competitive positioning in the Australian payments landscape.

The most recent analyst rating on (AU:CCL) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Cuscal Limited stock, see the AU:CCL Stock Forecast page.

More about Cuscal Limited

Cuscal Limited is a company operating in the financial services industry, primarily focusing on transaction-based revenue and core financial capabilities. It is listed on the ASX and is involved in providing innovative and efficient financial solutions.

Average Trading Volume: 264,154

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$572.8M

See more insights into CCL stock on TipRanks’ Stock Analysis page.

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