Smartgroup Corporation Ltd ( (AU:SIQ) ) just unveiled an update.
Smartgroup Corporation Ltd has reported a significant increase in its financial performance for the year ended 31 December 2024, with revenues rising by 21.6% to $305.8 million and profits after tax increasing by 22.1% to $75.6 million. The company announced several dividends, including a special dividend, reflecting its strong financial position. Additionally, Smartgroup lost control over Smartsalary Payroll Solutions Pty Ltd during the period, indicating a strategic shift in its operational focus.
More about Smartgroup Corporation Ltd
Smartgroup Corporation Ltd operates in the financial services industry, focusing on providing salary packaging and fleet management services. The company is headquartered in Sydney, Australia, and serves a diverse range of clients with tailored solutions to enhance employee benefits and streamline business operations.
YTD Price Performance: 2.67%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $665M
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