Navigator Global Investments Ltd (AU:NGI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Navigator Global Investments Ltd. has reported a transformative year in FY2024, marked by the acquisition of stakes from Blue Owl, boosting financial results and enabling a record Adjusted EBITDA of $90.5 million, a significant 85% increase from the previous year. The company also announced a leadership change with Stephen Darke taking over as CEO, focusing on expanding global growth initiatives. The Board emphasized its commitment to strong governance and diversification as it navigates continued growth in the alternative asset management sector.
For further insights into AU:NGI stock, check out TipRanks’ Stock Analysis page.