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The latest announcement is out from Navigator Global Investments Ltd ( (AU:NGI) ).
Navigator Global Investments Limited reported a strong financial performance for the first half of the fiscal year 2025, with a 16% increase in Adjusted EBITDA to USD41.1 million, driven by its wholly-owned asset management business, Lighthouse Investment Partners. The company achieved a 28% revenue increase and recorded a net profit after tax of USD68.8 million. With a flexible balance sheet and a pipeline of strategic investments in alternative asset managers, NGI is well-positioned for continued growth, expecting FY25 earnings to surpass those of FY24.
More about Navigator Global Investments Ltd
Navigator Global Investments Limited (ASX: NGI) is a diversified alternative asset management company that partners with leading management teams globally. The company collaborates with well-established alternative asset managers who operate businesses diversified across investment styles, product types, and client bases. These partnerships are structured with provisions that focus on alignment of interests and minority protections.
YTD Price Performance: -37.45%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $525.2M
See more insights into NGI stock on TipRanks’ Stock Analysis page.
