BUZZ-Australia's Spirit Technology Solutions hits 4-month high on FY profit surge
Reuters
Jul 24, 2025
BUZZ-Australia's <a href="https://laohu8.com/S/ST1.AU">Spirit Technology Solutions</a> hits 4-month high on FY profit surge
** Spirit Technology Solutions ST1.AX rises as much 6.4% to A$0.500, highest since March 24
** Stock marks biggest intraday pct gain since June 23
** Co reports unaudited underlying EBITDA of A$11 mln ($7.3 mln) in FY25, a sharp surge from A$1.7 mln in FY24
** Says annual revenue at A$102.4 mln vs year-ago A$90.9 mln
** Evaluating acquisition opportunities to bolster FY26 organic growth; FY26 guidance expected in August when it announces audited results
** About 152,432 shares traded, 4.1x the 30-day avg
** YTD, ST1 down ~20%
($1 = A$1.5131)
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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