Monash IVF (ASX:MVF) expects to report NPAT growth in FY25 supported by recent acquisition.

Wed 11 Sep 24, 07:57 AM | Team Kalkine

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Highlights

Monash IVF Group Limited (ASX:MVF) is a reproductive and fertility services provider in Australia and is focused on expanding its presence in the South-East Asian market. MVF is committed to innovation and actively supports R&D in reproductive medicine and ultrasound.

In the financial year 2024 (FY24), the company witnessed a 19.4% YoY rise in its revenue to AUD 255 million with a 13.7% YoY jump in underlying EBIT to AUD 43.3 million. During the reported period, MVF’s reported EBITDA dropped by 72.7% YoY to AUD 13.2 million and net loss reached AUD 5.9 million due to the estimated loss of AUD 32.6 million from the NiPGT Class Action settlement, pending court approval.

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