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Peoplein Limited ( (AU:PPE) ) has provided an announcement.
PeopleIn Limited, a company listed on the ASX under the ticker PPE, reported a Q3 FY25 unaudited normalized EBITDA of $6.3 million, a decrease from $6.9 million in Q3 FY24. The financial performance was notably impacted by severe weather events, including flooding in North and Western Queensland and Cyclone Alfred, which collectively reduced EBITDA by $840,000. Despite these challenges, the company maintained strong cash collections, achieving a conversion rate of 198% of normalized EBITDA, which helped lower the group net debt ratio to 1.59x. PeopleIn Limited remains committed to its core operational strengths and aims to return to sustainable growth as conditions improve.
More about Peoplein Limited
YTD Price Performance: -14.29%
Average Trading Volume: 156,465
Technical Sentiment Signal: Buy
Current Market Cap: A$91.3M
Find detailed analytics on PPE stock on TipRanks’ Stock Analysis page.