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GemLife Surpasses Forecasts, Eyes Accelerated Growth Post $750M IPO

2:10am on Saturday 30th of August, 2025 AEST Real Estate
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GemLife Surpasses Forecasts, Eyes Accelerated Growth Post $750M IPO

2:10am on Saturday 30th of August, 2025 AEST
Key Points
  • 1H FY25 revenue of $104.9 million, 6% above forecast
  • Pro forma EBITDA and NPAT exceed prospectus estimates by 7.7% and 8.4%
  • 119 home settlements completed, surpassing forecast
  • Gearing ratio maintained within target range at 26.2%
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