Made Tech Group PLC (GB:MTEC) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Made Tech Group PLC has reported a revenue of approximately £38.5 million for FY24, aligning with consensus expectations, and an increased adjusted EBITDA of £2.3 million, indicating improved operational efficiency. The company remains debt-free with net cash at £7.6 million, exceeding expectations due to strong cash collection and a focus on early commercialisation of its SaaS products. With £11 million in new contracts for FY25 and a solid contracted backlog, Made Tech is optimistic about the future, especially given the political climate’s minimal impact on its operations.
For further insights into GB:MTEC stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue