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The latest announcement is out from Acusensus Ltd ( (AU:ACE) ).
Acusensus Limited reported a 16.4% increase in revenue for the half-year ending December 31, 2024, reaching $28.8 million, driven by new contracts and expanded services. Despite revenue growth, the company experienced a 111.7% increase in operating loss to $511,000 due to higher operating expenses and investments aimed at future growth, impacting its financial performance.
More about Acusensus Ltd
Acusensus Limited operates in the technology industry, focusing on solutions for traffic enforcement and safety. The company provides products and services such as mobile phone detection, seatbelt enforcement, and speed monitoring, with a market focus that includes both domestic and international clients.
YTD Price Performance: 13.51%
Average Trading Volume: 183,167
Technical Sentiment Consensus Rating: Sell
See more insights into ACE stock on TipRanks’ Stock Analysis page.