Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%
Lithium
45.30
1.57%
Gold
2,703.10
1.33%
Copper
4.43
4.4%
Oil
71.85
(0.03%)
Bitcoin
75,888.49
0.34%
FTSE 100
8,140.74
(0.32%)
Nikkei 225
39,381.41
(0.92%)
Dow Jones
43,755.08
0.08%
Iron Ore
105.50
1.5%
USD/AUD
0.67
1.4%
Hang Seng
20,953.34
2.78%

Trajan Group Holdings (ASX: $TRJ) reports movement from profit to loss

Trajan Group Holdings reports movement from profit to loss in FY24


Trajan Group Holdings Limited (ASX: $TRJ) has reported a movement from profit to loss during the half-year ended 31 December 2023. The company's revenue for the period was $76.4M, down by 4.6% from the previous corresponding period, resulting in a normalised EBITDA of $4.0M. The Group's net assets as at 31 December 2023 were $125.3M, with a net debt position of $36.7M and a consistent gearing ratio of 29.3%.

Chairman and CEO optimistic about future growth


John Eales, Chairman, and S.A.Tom Stephen Tomisich, Managing Director and CEO, expressed optimism about the company's future growth prospects. They highlighted the impact of industry-wide challenges, such as industry destocking, which affected the company's components and consumables segment due to delayed customer orders and higher inventory levels. Despite the challenges, they remain confident in delivering the 13th year of consecutive growth with a return to double digit revenue growth in the second half of FY24.

Outlook for FY24 and beyond


Trajan Group Holdings remains focused on executing its growth strategy and anticipates a return to double digit revenue growth in the second half of FY24. The company aims to facilitate the expansion of EBITDA Margin to 20% by FY25. Despite the challenges faced in the first half of FY24, the company sees no fundamental change to the underlying strength of the business, its products and technologies, customer needs, or market position. Trajan is optimistic about the progressive improvement in performance throughout FY24 and is maintaining its focus on positively impacting human health.

0 Comments
Inline Feedbacks
View all comments
Social Media Auto Publish Powered By : XYZScripts.com

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions