Audience Analytics has announced a 29% year-on-year increase in net profit, reaching $4.4m (S$6.0m) for the financial year 2024, driven by improved margins. The company also reported a 6% rise in revenue to $11.4m (S$15.6m). In line with its new dividend policy, the firm has proposed a final cash dividend of 1.50 Singapore cents per share, committing to distribute at least 50% of profits attributable to equity holders.
The company maintains a robust net cash position of $15.8m (S$21.6m), which constitutes approximately a third of its market capitalisation, valued at around $49.1m (S$67m). Datuk William Ng, Chairman and Managing Director of Audience Analytics, attributed the success to the team’s dedication and strategic vision. “Our relentless focus on innovation, efficiency, and expanding our market presence has delivered strong profit growth and set a solid foundation for even greater opportunities ahead,” he stated.
Audience Analytics, a business enabler with a presence across Asia and the Middle East, offers a diverse portfolio including publications, online portals, and business award programmes. The company’s strong financial performance underscores its commitment to creating lasting value for shareholders and positions it for future growth.
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