ABQQ Reports FY 2024 Audited Financial Results, Introduces FY 2025 Outlook, Announces to Repurchase $5 Million of Shares by Year-End 2025
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AB International Group Corp. (OTC: ABQQ) reported a 125% increase in FY 2024 revenue to $3.3 million and achieved operational profitability with a net income of $0.54 million. The company projects a 150% revenue growth for FY 2025 and plans to repurchase $5 million of shares by the end of 2025.
November 26, 2024 | 7:30 pm
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AB International Group Corp. reported strong FY 2024 financial results with a 125% revenue increase and operational profitability. The company plans a significant share repurchase by 2025, indicating confidence in future growth.
The significant increase in revenue and achievement of operational profitability are positive indicators for ABQQ's financial health. The planned share repurchase suggests management's confidence in the company's future performance, likely boosting investor sentiment and stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100