Based on unaudited results for the 10 months ending April 2024, and management forecasts for May and June, the Company provides the following earnings guidance range for the FY24 full year:
EBIDA FY23 v Fy24 range: up 44%
Return (inc div) 1yr: 20.03% 3yr: N/A 5yr: N/A
Net Profit Margin: 7.5% (Thats good for this industry)
Tuesday Trades at $4.47 will this price give way to the Offer Price of $3.93 (price normally will fall to the Offer price)
All New Shares offered under the Equity Raising will be issued at a price of $3.93 (“Offer Price”)
A decent rally today closed at $4.77 up 13.57%
IPG way above the Cap raising of $3.93 ( 1 for 13.65 shares held )
Return (inc div) 1yr: 55.96% 3yr: N/A 5yr: N/A
Revenue of $226.9million, up 28.3% on pcp – Strong organic growth has been delivered predominantly by the existing product portfolio and growing market share – Strong statutory growth displayed by a 37.4% CAGR
EBITDA of $27.7 million, up 37.1% on pcp – There have been ongoing strategic investments made during the year, some of which include: • Expansion of the Gemtek team
• Recruitment of specification focused business development managers across the country
• Operational expansion with a new 4,000sqm warehouse – While the Group has invested into these strategic initiatives during the financial year, the Group continued to deliver strengthening EBITDA margins, and a 44.9% EBITDA CAGR over the past four financial years
So Check out IPG a steady pathway to growth. could add some units today with the expected bearish market..
Return (inc div) 1yr: 132.35% 3yr: N/A 5yr: N/A
