Australia's Spirit Technology rises on FY22 forecast, FY21 profit

Infotrust

20/07/2021 01:56

** Shares of telecommunication services provider  ST1.AX 
jump as much as 7% to A$0.305, their highest since June 16
    ** Co sees FY22 underlying EBITDA between A$19.4 mln and
A$20.2 mln, revenue of A$150 mln to A$155 mln 
    ** Posts FY21 underlying EBITDA of A$11.5 mln ($8.44 mln),
up 208% from A$3.7 mln in FY20  urn:newsml:reuters.com:*:nASX3mWy06
    ** Says FY21 revenue and other income rose 200% to A$104.5
mln    
    ** Stock posts its biggest intraday pct. gain since July 5
    ** ST1 stock down 28.8% this year, as of last close
    
  


($1 = 1.3618 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))