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VCI Global Sees FY24 Guidance Increased By 65% On A 52-Week Basis; FY23 Revenue Of $19.8M

Author: Benzinga Newsdesk | June 03, 2024 08:11am

Full Year Fiscal 2024

Current FY2024 Outlook	FY2023 Results
Net Sales	Approximately increased by 65% on a 52-week basis	$19,784,748
Gross Margin	Approximately 85%	83%
Operating Expense	Approximately $18.8m	$9,494,027 (adjusted)
Operating Income	20% - 23% growth range	$7,105,486 (adjusted)
Effective Tax Rate	Approximately 5%	Nil