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AdNeo Limited Reports Increased Losses Despite Revenue Decline

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AdNeo Limited Reports Increased Losses Despite Revenue Decline

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The latest announcement is out from AD1 Holdings Ltd ( (AU:AD1) ).

AdNeo Limited reported a 4% decline in revenue to $2,096,041 for the half-year ending December 31, 2024, with a net loss after tax increasing by 33% to $3,389,801. The company did not declare any dividends for the period, and its net tangible asset per share improved from (7.34) cents to (4.98) cents. The interim financial report has been reviewed by an independent auditor.

More about AD1 Holdings Ltd

YTD Price Performance: -5.88%

Average Trading Volume: 92,159

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.03M

For an in-depth examination of AD1 stock, go to TipRanks’ Stock Analysis page.

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