Vista Group International Breaks Even in 2024 as Revenue Improves

MT Newswires Live
28 Feb

Vista Group International (ASX:VGL, NZE:VGL) reported Friday that it broke even in 2024, after recording a loss of NZ$0.06 per share a year earlier.

Analysts polled by Visible Alpha were expecting it to break even.

Revenue for the year ended Dec. 31, 2024, was NZ$150 million, up from NZ$143 million in the same period a year earlier.

Analysts surveyed by Visible Alpha expected NZ$149.1 million.

For 2025, the company expects total revenue in the range of NZ$167 million to NZ$173 million and earnings before interest, taxes, depreciation, and amortization margin of 16% to 18%.

The company's shares rose almost 6% in recent Friday trade in New Zealand, earlier hitting their highest since January 2020.

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