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XTEK Limited ( (AU:HCL) ) has provided an announcement.
HighCom Limited announced its FY25 unaudited results, highlighting a return to positive EBITDA and a successful transformation that reduced operating costs and inventory. The company’s revenue increased by 6% to $48.1 million, and EBITDA improved by $9.8 million to $0.2 million, with cash reserves of $5.8 million and no debt. The recommissioning of the XTclave™ system and new product developments position HighCom Armor and HighCom Technology for future growth, indicating a positive shift in the company’s market positioning and operational efficiency.
The most recent analyst rating on (AU:HCL) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on XTEK Limited stock, see the AU:HCL Stock Forecast page.
More about XTEK Limited
HighCom Limited, listed on the ASX as HCL, operates through two main businesses: HighCom Armor and HighCom Technology. HighCom Armor provides advanced personal protection ballistic products to military, law enforcement, and first responders globally. HighCom Technology supplies the Australian Defence and Security Agencies with Small Uncrewed Aerial Systems and Sensor Payloads, alongside offering program management, systems integration, and logistics support services.
Average Trading Volume: 322,356
Technical Sentiment Signal: Buy
Current Market Cap: A$40.56M
For a thorough assessment of HCL stock, go to TipRanks’ Stock Analysis page.