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Finatext Holdings Soars with Strong Q1 Performance

Finatext Holdings Soars with Strong Q1 Performance

Finatext Holdings Ltd. (JP:4419) has released an update.

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Finatext Holdings Ltd. reported a robust first quarter for FY2024, with revenues soaring by 73% compared to the previous year. The company’s financial infrastructure sector turned profitable, and they achieved an adjusted EBITDA margin of 14%, surpassing their annual target. Looking ahead, Finatext plans to accelerate sales growth by 42% and triple its operating income.

For further insights into JP:4419 stock, check out TipRanks’ Stock Analysis page.

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