ASX Growth Stocks Under $1

ASX Growth Stocks Under $1

A growth stock is not just a stock escalating in price. It is generally considered to be in a Growing Industry and sectors likely to witness significant growth. Such a stock normally grows faster than market average.

PointsBet Holdings Limited (ASX: PBH)

PointsBet Holdings Limited in its FY24 annual results for the period ended 30 June 2024, saw a 17% increase in revenue compared to the previous year. The company’s gross profit margin improved to 52.8%, due to better global efficiency and growing contributions from Canada, where the unit economics are more favourable.

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