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Gathid Ltd Reports Strong Half-Year Growth

Gathid Ltd Reports Strong Half-Year Growth

Rightcrowd Limited (AU:GTH) has released an update.

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Gathid Ltd, previously known as RightCrowd Limited, reported a significant revenue increase of 289% for the half-year period ending December 31, 2023, alongside a 210% rise in half-year profits from both continuing and discontinued operations. The company also saw a considerable improvement in net tangible assets per share, jumping from 1.64 cents to 3.71 cents. In a strategic move, Gathid Ltd divested its Workforce Management and Presence Control business streams to Bloom RC Holdings LLC in September 2023.

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

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