Plover Bay Technologies (1523.HK) – A Milestone Year with Strong Growth and Expanding Opportunities

407 Views03 Mar 2025 16:42

Syndicated

SUMMARY

Plover Bay Technologies (1523.HK , “Plover Bay”) with a market cap of approximately USD 739 million, experienced another stellar year with its FY24A annual results, showcasing a notable 24% revenue increase, exceeding the USD 100 million threshold (also known as the “valley of death ”) to reach USD 117 million, while also realizing a 36% YoY growth in net profit, amounting to USD 38 million.
This success is complemented by strategic partnerships, and ongoing innovation.
With deepening collaborations, an expanding product line-up, and an emphasis on recurring revenues, Plover Bay is well-positioned for sustained growth in 2025 and beyond.

Related Insights

Trending Collections

Trending Insights

Top Unpaywalled Insights

Discussions

(Paid Plans Only)

Price Chart(Sign Up to Access)

Insight Stream