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Wiseway Group Triumphs with Strong FY24 Financials
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Wiseway Group Triumphs with Strong FY24 Financials

Wiseway Group Ltd. (AU:WWG) has released an update.

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Wiseway Group Ltd., a premier Australian freight and logistics provider, has announced a significant return to profitability with their FY24 financial results. The company saw a revenue increase of 5.4% to $112.3 million and a striking 121% rise in EBITDA to $8.2 million, highlighting the success of their strategic initiatives and operational efficiencies. This resurgence is marked by a net profit of $0.6 million, a notable recovery from the previous year’s loss.

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

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