Australia's Beforepay rises to 3-month high after positive Q4 results

Beforepay

29/07/2024 01:31

** Shares of Beforepay Group  B4P.AX  rise as much as 15% to
A$0.65, their highest since April 29
    ** Stock posts its biggest intraday pct gain since March 21
    ** The lending fintech firm posts quarterly net profit
before tax of A$1.4 mln ($918,680) versus loss of A$0.5 mln last
year
    ** Says Q4 EBITDA was A$2.7 mln vs A$0.5 mln pcp
    ** Stock has risen 37.8% this year, as of last close

    ($1 = 1.5239 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))