Lycopodium Limited Reports Strong Financial Growth

Lycopodium Limited (AU:LYL) has released an update.

Lycopodium Limited has reported a solid financial performance for the year ended 30 June 2024, with a 6.5% increase in revenue to A$348,879,000 and an 8.4% rise in profit after tax to A$50,714,000. Dividends per share saw a slight adjustment with a final dividend of 40 cents compared to 45 cents the previous year. Furthermore, the company’s net tangible asset backing per ordinary security increased to 305 cents from 268 cents.

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