Jatcorp (ASX:JAT) logs strong Q3 FY24 results with $2M net profit

Jatcorp booked an unaudited net profit of $2 million and EBITDA of $2.5 million for the third quarter of FY24.

Revenue surged 31% to $14.8 million, with gross profit up 38% to $5.6 million.

Strong performance in China drove the growth, with net operating cash improving to $587,000 from $534,000.

The company resolved Sunnya litigation, securing Neurio and Guamis brands in Australia and New Zealand.