Gryphon Capital Trust Reports Strong Annual Growth
Company Announcements

Gryphon Capital Trust Reports Strong Annual Growth

Gryphon Capital Income Trust (AU:GCI) has released an update.

Gryphon Capital Income Trust reported a robust financial performance for the year ended June 30, 2024, with a significant increase in revenue and profits, both rising by approximately 36% and 39% respectively. The Trust’s Net Tangible Assets per unitholder slightly increased from $2.00 to $2.01, while it maintained stability with no control changes over entities and no interests in associates or joint venture entities. Investors received a total of 17.08 cents per unit in monthly distributions throughout the year, underscoring the Trust’s commitment to shareholder returns.

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

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