RaaS Research Group has published an update report on data analytics company Pureprofile (ASX:PPL) following the release of its audited FY24 accounts which includes confirmation that it delivered a maiden reported NPAT of $0.1m, and an adjusted NPAT of $1.26m, up 25% on the pcp and ahead of our forecast for $1.17m.
Adjusted EBITDA for FY24 was $4.4m, down 4% on the pcp, but up 8% excluding the impact of cash short-term-incentive (STI) payments to executives.
We note EBITDA was slightly ahead of our forecast for $4.3m and within the company’s guidance range of $4.1m to $4.5m.
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