Top ASX Shares to Buy in September
The recent rout of Top Tech Companies on Wall Street failed to dampen the spirit of ASX Investors when it comes to select Best Tech Stocks. Already on the run, these Fundamental Stocks fit the bill.
Gentrack Group Limited (ASX: GTK)
Gentrack Group Limited (ASX: GTK) announced its half-year results for the period ended 31 December 2023 on 20 May 2024.
During this half year period, revenues increased by 21% compared to the prior year, reaching $102 million. Within the Utilities sector, total revenue rose by 17% to $86.5 million. Apart from revenue of $19.7 million from insolvent customers in the earlier year, underlying Utilities revenue surged by 60%.
The company saw significant growth in non-recurring revenues, rising by 85% to $28.9 million, driven by major projects commencing during the period, such as new contracts in Saudi Arabia secured in October 2023 and projects with Genesis Energy in New Zealand.
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