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 reported a significant increase in Adjusted EBITDA by 56% for FY24, despite a slight decrease in revenue and sales bookings compared to FY23, showcasing enhanced productivity and cost management. The company, specializing in digital services for the UK public sector, has a strong cash position with no debt and anticipates positive cash flow and robust revenue in FY25, backed by solid sales bookings and a valuable contract with the Department for Education.
For further insights into GB:MTEC stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- Bank of America Puts New Street-High Price Target on Dollar General (NYSE:DG) Stock
- “Beyond What we Originally Expected”: Booz Allen Stock (NYSE:BAH) Plummets as Near-Decimation of Workforce Planned
- ‘Early Stages of a Recession’: Canada Hits the Skids as iShares S&P / TSX 60 Index ETF Stock (TSE:XIU) Slips
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue