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Join Proactive's Tylah Tully as she breaks down 'Just the Facts' of Synertec Ltd (ASX:SOP) financials from the 2024 fiscal year. The company reported a 26% increase in revenue and other income… reaching 19.7 million dollars. The growth is driven by its expansion of the engineering services and contracts related to its micro-grid renewable energy and storage solution, Powerhouse. It deployed three Powerhouse units through the financial year, contributing $1.1 million dollars to the group’s revenue. SOP is currently in discussions with 15 potential customers for future deployments of these units. Powerhouse has demonstrated superior performance with over 99.9% uptime and required no site visits or maintenance. The company says it continues to deliver strong and consistent revenue growth, increasing revenue by over 135% since FY 2021. Adding the growth in revenue reflects the company’s expanding operational... Watch at #Proactive #ProactiveInvestors http://ow.ly/AaqM105H8z1

Just the Facts: Synertec Corporation

Just the Facts: Synertec Corporation

proactiveinvestors.co.uk

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