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Spirit Technology Solutions Ltd. ( (AU:ST1) ) has shared an announcement.
Spirit Technology Solutions Ltd has released its FY25 financial statements, reporting a 12.7% increase in revenue to $102.394 million and a significant improvement in underlying EBITDA, which rose by 562% to $11.018 million. The company’s loss after tax decreased by 87% to $1.374 million, indicating a substantial recovery from the previous year’s performance. The announcement highlights the company’s improved financial health and its strategic focus on enhancing operational efficiency, which could positively impact its market position and stakeholder confidence.
The most recent analyst rating on (AU:ST1) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Spirit Technology Solutions Ltd. stock, see the AU:ST1 Stock Forecast page.
More about Spirit Technology Solutions Ltd.
Spirit Technology Solutions Ltd is a prominent company in the technology sector, specializing in cyber security, secure managed technology, and cloud and communications solutions. The company focuses on providing scalable and sustainable technology services to its clients.
Average Trading Volume: 58,088
Technical Sentiment Signal: Buy
Current Market Cap: A$104.6M
Find detailed analytics on ST1 stock on TipRanks’ Stock Analysis page.