Develop Global Returns to Fiscal H1 Profit, Posts Higher Revenue

MT Newswires Live
28 Feb

Develop Global (ASX:DVP) reported fiscal first-half earnings of AU$0.0044 per diluted share, compared with a loss of AU$0.0177 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting a loss of AU$0.02 per diluted share.

Revenue for the six months ended Dec. 31, 2024, was AU$113 million, up from AU$65.8 million in the same period last year. Analysts surveyed by Visible Alpha expected AU$110.6 million.

The company's shares fell 2% in recent Friday trade

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