Australian Bond Exchange Holdings Ltd. (AU:ABE) has released an update.
Australian Bond Exchange Holdings Ltd reported a strong financial performance in Q3 FY24, with a 27% increase in revenue to $1.46 million and significant improvements in operating cash flow. The company also launched a new Credit Linked Security and continues to expand its market reach, increasing client numbers and portfolio sizes by 14% and 11%, respectively. These developments reflect the company’s ongoing efforts to innovate and make bonds more accessible to Australian investors.
For further insights into AU:ABE stock, check out TipRanks’ Stock Analysis page.
