A skydiving company called Skydive the Beach (ASX:SKB) has announced positive full-year results.
The company’s underlying net profit after tax was $7.8 million.
The company also says its revenue was up 122% to $58.5 million last financial year.
These results were driven by a 123% increase in the number of tandem skydive bookings, oversubscribed capital raisings, and the acquisitions of NZone Skydive and Skydive Wanaka.
The company has declared a final and fully franked dividend of 1 cent per share.