Delorean Corporation Ltd (AU:DEL) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Delorean Corporation Ltd. reports a strong finish to FY2024, with a focus on profitability and advancing four major bioenergy projects towards final investment decisions, propelling the company’s growth. The firm’s financial projections boast an EBITDA of up to $5.1m, and the quarter saw a refund of $4.7m in LGC charges, aiding in the reduction of debt. Key developments include continued construction on a $53m food waste to energy project and significant progress in co-development and financial structuring of additional bioenergy infrastructure projects.
For further insights into AU:DEL stock, check out TipRanks’ Stock Analysis page.