Adacel Technologies Limited (AU:ADA) has released an update.
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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.
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