Vonex Limited (AU:VN8) has released an update.
Vonex Limited reported a revenue increase of 6% to $48.2 million in FY24, alongside an EBITDA of $5.3 million, despite a statutory loss of $1.3 million due to finance costs and depreciation. The company focused on operational efficiency, cost reduction, and customer-oriented service enhancements, including sophisticated call center solutions and improved online tools. Additionally, Vonex announced a scheme of arrangement for acquisition by MaxoTel, pending shareholder and court approval.
For further insights into AU:VN8 stock, check out TipRanks’ Stock Analysis page.
