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Eureka Group Holdings Limited ( (AU:EGH) ) has provided an update.
Eureka Group Holdings Limited reported strong financial results for FY25, with a revenue increase of 11% to $45.8 million and a statutory net profit after tax rising by 52% to $20.1 million. The company achieved high occupancy rates and significant rent growth in its senior rental portfolios, while also expanding its asset base through acquisitions and developments. Eureka is well-positioned for future growth, with plans to expand into all-age affordable rental communities and a pipeline of acquisition opportunities exceeding $100 million. The company aims to enhance its portfolio through strategic divestments and reinvestments, focusing on operational efficiencies and accretive acquisitions.
The most recent analyst rating on (AU:EGH) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Eureka Group Holdings Limited stock, see the AU:EGH Stock Forecast page.
More about Eureka Group Holdings Limited
Eureka Group Holdings Limited operates in the real estate industry, focusing on affordable rental accommodations. The company primarily offers rental services for seniors and has recently expanded into all-age affordable rental communities. Eureka is known for its build-to-rent portfolio, which targets low-cost, quality rental accommodations.
Average Trading Volume: 914,773
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$241.8M
Learn more about EGH stock on TipRanks’ Stock Analysis page.