Market Herald Ltd (AU:MKT) has released an update.
The Market Limited (ASX: MKT) reported a 12% increase in revenue to $91.5 million for FY24, despite a reported EBITDA loss from continuing operations of $1.7 million, attributed to significant one-off costs and a non-cash impairment. The company highlighted the strategic growth of its classifieds business, including partnerships and new transactional offerings, while repaying $8.0 million of its debt to CBA and receiving a waiver for a covenant breach. No dividends were declared as the company focuses on strategic investments.
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