tiprankstipranks

Stealth Global Holdings Reports Record Half-Year Financial Performance

Story Highlights
Stealth Global Holdings Reports Record Half-Year Financial Performance

Stealth Global Holdings Ltd. ( (AU:SGI) ) just unveiled an announcement.

Stealth Global Holdings Ltd. reported a significant financial performance for the half-year ending December 31, 2024, with a 26.5% increase in revenue and a 249.2% rise in profit compared to the previous year. The company achieved record sales and revenue figures, improved gross profit margins, and reduced the cost of doing business. Their balance sheet and cash flow strengthened, with increased net assets and cash reserves, despite a slight rise in net debt. The company also declared a final dividend, reflecting its robust financial health and strategic growth momentum.

More about Stealth Global Holdings Ltd.

YTD Price Performance: 29.07%

Average Trading Volume: 147,175

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$64.95M

See more data about SGI stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App