PPS reported their full year numbers today.
Revenue increased 25% to $103m but missed consensus of $105m.
Underlying EBITDA rose 31% to 28m and beat market expectations of $25m with operating leverage kicking in and margins improving 130bps.
NPAT rose 55% to $13.6m
DPS of 1.25c above my forecast of 1c.
Presently the market has reacted favourably to the result with stock up 11% at 74c.
Held.
PPS 2025 Full Year Results.pdf