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MW2541
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Mortgage Advice Bureau (Holdings)
MW
MW2541
Community Contributor
Mortgage Advice Bureau sees revenue surge with 12% growth
In 2024, MAB reported a significant increase in revenue and pre-tax profit, with revenue rising by 11% to around £266m and adjusted pre-tax profit growing by 31% to about £30.5m. The company has set new medium-term targets, including doubling its revenue from 2024 levels, achieving an adjusted pre-tax profit margin above 15%, exceeding 100% cash conversion, and doubling its market share.
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UK£10.41
FV
30.5% undervalued
intrinsic discount
12.22%
Revenue growth p.a.
Set as Fair Value
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about 1 month ago
author updated this narrative