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Stealth Global Holdings Ltd. ( (AU:SGI) ) has provided an update.
Stealth Group Holdings Ltd has reported a significant increase in pre-order sales for mobile accessories related to the upcoming iPhone 17 launch, securing approximately $6.0 million, a 50% increase from the previous year. This growth is attributed to Stealth’s strategic investments in its Force Technology consumer division and its expanded portfolio of high-demand brands, including OtterBox, EFM, CASETiFY, and Case-mate. The company is well-positioned to capture continued sell-through momentum and expand its market share across both premium and entry-level mobile accessory markets, contributing to its long-term strategic goals of margin expansion and scalable recurring revenue.
More about Stealth Global Holdings Ltd.
Stealth Group Holdings Ltd (ASX: SGI) is a prominent Australian multi-sector distribution company with two main divisions: Industrial and Consumer. The company serves business, trade, and retail customers across various markets through wholesale, company-owned stores, retail and trade partnerships, direct-to-business and direct-to-consumer channels, as well as digital commerce platforms. Stealth is supported by a comprehensive sales force, contact centers, and integrated logistics, packaging, shipping, and operations infrastructure.
Average Trading Volume: 166,397
Technical Sentiment Signal: Buy
Current Market Cap: A$82.25M
See more data about SGI stock on TipRanks’ Stock Analysis page.