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EVT Limited (ASX:EVT)

ALERT: Price-sensitive ASX Announcement for EVT
Current share price for EVT : $13.230 0.01 (0.08%)+
Announcement
Release
23 Feb 2026 8:43AM
Price at Release
$13.220
Full Release
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Summary
EVT Limited's half-yearly report for the period ending 31 December 2023 showcases a robust financial performance with a net profit attributed to a rebound in operations following the COVID-19 pandemic. The company reported strong revenue growth particularly in the Australian and New Zealand markets, driven by its Entertainment, Hotels, and Property segments. The report also highlights significant improvements in EBITDA margins, supported by the adoption of the AASB 16 Leases accounting standard. EVT Limited maintains a strong balance sheet, bolstered by substantial cash reserves, and expresses confidence in its future growth prospects through continued strategic investments in technology and customer experience initiatives.
Key Points
  • EVT Limited reported a net profit for the half year ended 31 December 2023.
  • Strong performance was observed across various segments including Entertainment, Hotels, and Property.
  • The company experienced a significant recovery in operations post-COVID-19 disruptions.
  • Revenue growth was noted in the Australian and New Zealand markets.
  • The report highlights the positive impact of the AASB 16 Leases accounting standard.
  • There was a notable increase in EBITDA margins.
  • The company maintains a strong balance sheet with substantial cash reserves.
  • EVT Limited is optimistic about future growth prospects across its business areas.
  • The report outlines strategic investments in technology and customer experience enhancements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.