Brief: Hipages Group Expects H1 FY23 Rev Growth Rate Similar To H2 FY22
Oct 26 (Reuters) - Hipages Group Holdings Ltd HPG.AX :
* H1 REVENUE GROWTH RATE TO BE SIMILAR TO H2 FY22, REACHING
MID-TEENS IN H2
* CHURN TO REMAIN ELEVATED ABOVE PRE-COVID LEVELS BEFORE
NORMALISING IN H2
* FY23 EBITDA MARGIN TO BE SLIGHTLY AHEAD OF FY22
* SEES HIGHER LEVEL OF CAPITALISED DEVELOPMENT SPEND TO
CONTINUE
IN FY23-24, BEFORE REDUCING IN FY25
Source text for Eikon: ID:nASX9Vclfr
Further company coverage: HPG.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Hipages group
See all newsBrief: Hipages Group Says Nicholas Gray Resigns As Non-Executive Director
Brief: Hipages Launches On-Market Share Buy-Back
Brief: Hipages Group Buys Majority Stake In Viz Insurance For A$1.4 Million
Australia's Hipages jumps on share buyback plan, insurance platform stake acquisition
Brief: Hipages Posts FY Net Income Of A$2.39 Million