Articore Group Says Gross Profit Up Over 6% in Fiscal Q2; Shares Jump 17%
MT Newswires Live
Jan 15
Articore Group (ASX:ATG) reported AU$66 million in gross profit for the second quarter of fiscal 2026, up 6.4% from AU$62 million in the same period a year earlier, according to a Thursday filing with the Australian bourse.
Gross profit after paid acquisition (GPAPA) rose 7.5% to AU$36.1 million in the quarter ended Dec. 31, 2025, from AU$33.6 million a year earlier, per the filing. GPAPA margin was over 26%, up 260 basis points on the year-ago period.
Marketplace revenue was down 3.2% to AU$138.4 million in the second quarter, compared with AU$143 million in the prior corresponding period, the filing added.
The company's shares rose around 17% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.