Hipages Group Holdings (ASX:HPG) announced its intent to take a significant step in FY24 by integrating the entire ‘tradie’ workflow into a single application.
The company conveyed excitement about the outlook for FY24.
Furthermore, it anticipates maintaining positive free cash flow as current trading momentum continues.
The FY24 outlook for the group remains positive, bolstered by the strong momentum of its core marketplace business.
For FY24, the company is setting its sights on a revenue growth rate in the low teens and an EBITDA margin of around 20%.
As technology investment stabilizes, the management aspires to sustain positive free cash flow in FY24.
Hipages Group Holdings is an Australian company that links trade professionals with residential and commercial customers through an online platform.