Carsales.Com (ASX:CAR) recently disclosed their adjusted nett profit after taxes (NPAT) for the financial year, totalling A$278 million.

This represents a significant increase, up 43% compared to the previous corresponding period.

Furthermore, the company also posted a fiscal year revenue of A$781 million, illustrating an increase of 53% as compared to the previous corresponding period.

In addition, Carsales.Com declared a franked final dividend of 32.5 Australian cents per share.

The company suggests they expect to deliver substantial revenue and EBITDA growth in the fiscal year of 2024.

Carsales.Com predicts very strong growth in revenue and adjusted EBITDA, and robust growth in adjusted NPAT for fiscal year 2024.

The company also foresees an expansion in the Carsales Group EBITDA margin on a proforma basis for fiscal year 2024, and good growth in revenue and EBITDA growth for fiscal 2024 in the United States.

Carsales.com (ASX:CAR) is an Australian online marketplace for cars, motorbikes, and boats headquartered in Melbourne.