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Elixinol Wellness Reports Record Growth in Q4 FY24
Company Announcements

Elixinol Wellness Reports Record Growth in Q4 FY24

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Invest with Confidence:

Elixinol Wellness ( (AU:EXL) ) has provided an announcement.

Elixinol Wellness reported record-breaking growth in Q4 FY24 with a 71% increase in cash receipts and a 64% rise in quarterly revenue. The company’s strategic integration of acquisitions, such as Healthy Chef, has accelerated growth and expanded market opportunities, particularly in Australia and the U.S., while maintaining robust margin improvements and nearing EBITDA break-even, ensuring financial stability for future expansion.

More about Elixinol Wellness

Elixinol Wellness operates in the wellness industry, focusing on hemp-derived products and health supplements, with a market emphasis on Australia and the U.S.

YTD Price Performance: 27.78%

Average Trading Volume: 1,637

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.37M

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

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