Adacel Technologies Limited (AU:ADA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Adacel Technologies Limited reported a significant 13.66% increase in revenue from continuing operations, reaching $30,971 for the financial year ended June 30, 2024, contrasted by a stark downturn in profits with a loss before tax widening to $(4,077) and a net loss attributable to owners at $(4,405). No dividends were declared for the period, reflecting a challenging year, with earnings per share falling to $(5.78) and net tangible assets per share decreasing to 3.5 cents.
For further insights into AU:ADA stock, check out TipRanks’ Stock Analysis page.