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Cuscal Limited ( (AU:CCL) ) has shared an update.
Cuscal Limited reported a solid financial performance for the first half of FY25, despite a decrease in statutory net profit attributable to owners due to non-recurring listing costs. The company experienced a 7% growth in transaction volume, leading to increases in key financial metrics, including a 21% rise in pro forma adjusted EBITDA and a 42% increase in pro forma NPAT. Cuscal is well-capitalized, allowing for potential growth through mergers and acquisitions, and remains on track to meet or exceed its FY25 Prospectus forecast. This performance underscores Cuscal’s strong market positioning and its strategic focus on supporting client aspirations and exploring growth opportunities.
More about Cuscal Limited
Cuscal Limited (ASX:CCL) is an authorised deposit-taking institution (ADI) in Australia, providing comprehensive payment and regulated data services. It holds the necessary licenses, connectivity, and processing capabilities to support all payment types, positioning itself alongside the four major Australian banks. Established in 1966, Cuscal initially served Australia’s mutual banking organizations and has since evolved into a leading player in the Australian payments indusattempt through continuous innovation and investment.
YTD Price Performance: 13.27%
Average Trading Volume: 341,839
Learn more about CCL stock on TipRanks’ Stock Analysis page.
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