tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Volpara Health’s Robust FY24 Financial Growth

Volpara Health’s Robust FY24 Financial Growth

Volpara Health Technologies Ltd. (AU:VHT) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Volpara Health Technologies Ltd. reported a noteworthy performance in FY24, with a 22% increase in revenue to NZ$42.7M, exceeding their initial forecasts. The company also celebrated a significant improvement in non-GAAP EBITDA, achieving their first positive half-year and closing the year with just a -NZ$0.5M deficit, a 91% improvement from the previous year. Additionally, Volpara marked a milestone with both operating and net free cash flow turning positive, far surpassing expectations.

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

Disclaimer & DisclosureReport an Issue

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
1