Shaver Shop Group Ltd. (AU:SSG) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 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.
Shaver Shop Group Limited reports a resilient FY24 with total sales of $219.4 million and an NPAT of $15.1 million, down 10.1% from the previous year. Despite a slight downturn, the company’s results have significantly improved since pre-pandemic levels, with sales and NPAT up by 31.1% and 105.5% respectively from FY19. Shaver Shop also heralds a robust balance sheet with a net cash position of $13.3 million and a consistent dividend payout, while preparing to launch its private brand Transform U in Q2 FY25.
For further insights into AU:SSG stock, check out TipRanks’ Stock Analysis page.