MaxiPARTS Limited Announces Strong FY24 Results

MaxiPARTS Limited (AU:MXI) has released an update.

MaxiPARTS Limited reports a robust financial performance for FY24 with a 24.4% increase in EBITDA to $23.0m and a total revenue surge of 20.9% to $243.9m, despite a general slowdown in transport activities. The company has announced a fully franked final dividend of 2.57 cents per share, following a year marked by strategic acquisitions and organic growth initiatives. However, the company also recorded a statutory net profit after tax decline to $2.8m, including a loss from discontinued operations.

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