Dentalcorp Reports Strong 2024 Financial Results and Declares First Dividend

dentalcorp Holdings ( (TSE:DNTL) ) has issued an announcement.

Dentalcorp Holdings reported strong financial results for the fourth quarter and full year of 2024, with significant revenue and Adjusted EBITDA growth. The company declared its inaugural dividend, reflecting robust financial health. Revenue for the fourth quarter was $397.5 million, marking a 9.7% increase from the previous year, while full-year revenue grew by 8.4% to $1,545.1 million. The company expanded its operations by acquiring 30 new practice locations in 2024, reinforcing its position as a leading dental service provider. Looking ahead, Dentalcorp projects continued growth in 2025, with revenue expected to increase by 10% to 11% and further expansion through acquisitions.

More about dentalcorp Holdings

Dentalcorp Holdings Ltd. is Canada’s largest and one of North America’s fastest-growing networks of dental practices. The company focuses on expanding its national footprint by acquiring new practice locations, providing dental services across a broad market.

YTD Price Performance: -9.96%

Average Trading Volume: 163,749

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.47B

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