Visionflex Group’s Revenue Soars Amidst Growth
Company Announcements

Visionflex Group’s Revenue Soars Amidst Growth

1st Group Ltd. (AU:VFX) has released an update.

Visionflex Group Limited reports a significant revenue surge of 169% to $6.95m in the Visionflex division for FY24, with gross profit margins rising to 61%. The company has made considerable progress by signing contracts with major government healthcare organizations and corporate entities, and aims to achieve Underlying EBITDA positivity in FY25. These strides come alongside improvements in management and a focused growth strategy in the virtual care sector.

For further insights into AU:VFX stock, check out TipRanks’ Stock Analysis page.

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