LGI LTD (AU:LGI) has released an update.
LGI Limited reported a positive financial year for FY24, with net revenue increasing to $30.9 million and underlying EBITDA growing 6% to $15.3 million, thanks to expanded service offerings and demand for clean energy solutions. The company expanded its network by 14%, showcasing growth in electricity generation and carbon abatement initiatives. They also highlighted the commissioning of their first battery and continued investment in renewable energy projects looking forward.
For further insights into AU:LGI stock, check out TipRanks’ Stock Analysis page.
