XTEK rides defence concerns to new highs
Ballistic armour and drone technology manufacturer XTEK continues to ride rising global insecurity, reporting another big jump in revenue in FY23. XTEK reported profit after tax of $6.1 million, up seven percent, on revenue up 54 percent to $89.4 million for the year. EBITDA profit was $10.9 million with the company ending the year with…