IGO Limited Announces Solid Full Year Results

IGO (AU:IGO) has released an update.

IGO Limited reported a solid full year with revenue of $841M and a statutory net profit after tax (NPAT) of $3M, while underlying figures were significantly higher with an EBITDA of $581M, NPAT of $319M, and free cash flow of $713M. The company also announced a final dividend of 26 cents per share, attributing consistent performance to strong production at Greenbushes and efficient operation at Nova, despite putting the Cosmos Project into care. With new leadership under CEO Ivan Vella, IGO is preparing for strategic shifts to navigate market volatility and ensure future growth.

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