Lycopodium (ASX:LYL) forecasts FY25 revenue of AUD 345–360Mn with NPAT of AUD 40-45Mn.

Mon 09 Dec 24, 01:50 AM | Team Kalkine

Image source: © Joykid9940 | Megapixl.com

Highlights

Lycopodium Limited (ASX:LYL) is an Australia-based company that offers integrated engineering, construction, and asset management solutions. The company handles complex, multidisciplinary projects by providing feasibility studies and advisory services across the resources, rail infrastructure, and industrial processes industries.

In the financial year 2024 (FY24), the company maintained the momentum built in FY2023, successfully delivering a high volume of projects globally across its core sectors: resources, rail infrastructure, and industrial processes. During the reported period, the company reported a revenue of AUD 348.9 million, up from AUD 327.6 million in previous corresponding period, driven by increased revenue from contracts with customers, interest income, and other income. Net profit after tax (NPAT) reached AUD 50.7 million in FY24 and EBITDA increased to AUD 77.1 million.

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