Mad Paws Holdings Ltd. (AU:MPA) has released an update.
Mad Paws Holdings Ltd., an Australian leader in the online pet care ecosystem, reported a strong financial performance with a 13% increase in Group Operating Revenues to $27.97 million for FY 2024. They witnessed a substantial improvement in EBITDA margins, with Marketplace Operating EBITDA up by over 100% and are gearing up for a major marketing campaign to further drive growth. The company’s strategies have led to a reduction in operating cash outflow and a bolstered financial position, setting a positive tone for FY25.
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