Freedom Care Group Reports Strong Growth

Freedom Care Group Holdings Limited (AU:FCG) has released an update.

Freedom Care Group Holdings Limited reported a positive cash flow and revenue growth for its Plan Management and Accommodation units, with a 30% and 26% increase respectively in the third quarter of FY24. The NDIS service provider is expanding its presence and investing in staff development, while maintaining a focus on servicing ‘complex’ NDIS participants. With a cash balance of $4.2 million and a strategy to grow through partnerships and M&A opportunities, Freedom Care is executing a robust growth plan in a fragmented market.

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