Raiz Invest Ltd. (AU:RZI) has released an update.
Raiz Invest Limited reported a 19% revenue increase in 2024 compared to the previous year, with EBITDA turning positive in both overall and Australian operations, showcasing a significant financial turnaround despite a total comprehensive loss for the year. The company made strategic moves by exiting all Southeast Asian operations and successfully divesting its Indonesian business. No dividends were declared or paid during the year, and the net tangible assets per share declined from the previous year.
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