IVE Group Limited (IVE or The Company, ASX:IGL) is pleased to announce its financial results for the six months to 31 December, 2021. IVE has delivered a significant uplift in earnings per share (EPS) over the previous corresponding period (PCP) as a result of solid revenue growth, stable margins, and leverage of the recalibrated cost base.
Financial Performance
* Revenue $382.6m +12.2% on PCP
* EBITDA $55.2m + 24.7% on PCP
* NPAT $20.9m +99% on PCP
* EPS 14.6cps +104% on PCP
* Operating cash conversion to EBITDA 78%
* Net Debt $78.7m
* Cash on Hand $51.6m
* Interim dividend of 8.5 cents per share, fully franked
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