PeopleIn Posts Lower Normalized Earnings in Fiscal Q3 as Flood Hits; Shares Down 3%

MT Newswires Live

2025/05/01

PeopleIn (ASX:PPE) reported unaudited normalized earnings before interest, taxes, depreciation, and amortization of AU$6.3 million for the fiscal third quarter, down from AU$6.9 million a year earlier, according to a Wednesday filing with the Australian bourse.

The workforce services provider incurred an earnings impact of AU$840,000 due to the flooding in Queensland during the quarter.

The company's shares were down by more than 3% in recent Thursday trade.

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