tiprankstipranks
Trending News
More News >

Frontier Digital Ventures Achieves Record Revenue

Frontier Digital Ventures Achieves Record Revenue

Frontier Digital Ventures Ltd. (AU:FDV) has released an update.

Confident Investing Starts Here:

Frontier Digital Ventures Ltd. celebrated a landmark year with a record statutory revenue of A$67.9 million, a significant 15% increase from the previous year, and reported its maiden positive EBITDA at A$3.7 million. This financial growth is attributed to strong performances in its 360 LATAM and MMG divisions, propelling the company to a positive operating cash flow throughout the year. The company also noted an impressive EBITDA margin improvement to +5%, up from -8% in the prior year.

For further insights into AU:FDV stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1