Pureprofile Limited (ASX:PPL) Upgrades FY25 Financial Guidance
Financial Guidance Upgrade
Pureprofile Limited (ASX:PPL) has announced an upgrade to its FY25 financial guidance, anticipating revenue between $57 million and $58 million. This revision reflects exceptional performance in H1 FY25, with a notable revenue increase of 22% year-on-year. Q2 FY25 saw revenue accelerating to a remarkable 30% growth compared to the previous corresponding period (pcp).
Performance Highlights
For H1 FY25, Pureprofile reported a revenue of $29.2 million. The Rest of the World (ROW) revenue soared by 30%, driven by robust growth in the US, Southeast Asia, and India, accounting for 45% of group revenue. EBITDA for the half-year climbed to $3.3 million, representing a 38% year-on-year increase.
Q2 FY25 Achievements
In Q2 FY25, Pureprofile recorded an outstanding revenue of $15.3 million, up 30% on pcp. The ROW revenue was particularly strong, increasing by 44%, driven by notable performance in the UK and Southeast Asia. EBITDA rose significantly by 79% to $1.7 million, with an EBITDA margin of 11%, up 3 percentages points from pcp.
Future Outlook
Looking ahead, Pureprofile aims to enhance growth by expanding client offerings globally and targeting investments in the UK. The company also focuses on improving margins by shifting towards automated client solutions and leveraging artificial intelligence for operational efficiencies.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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