Adslot Ltd (AU:ADS) has released an update.
Adslot Ltd reported a decrease in annual revenue by 5% to $8,746,714 in FY2024 from $9,229,962 in FY2023, with a reduction in Trading Technology revenue cited as a key reason. The company also recorded a lower net loss after tax, improving by 11.38% to $(10,703,881), compared to $(12,078,360) in the previous year, thanks to reduced losses in EBITDA and NPAT. Notably, no dividends were proposed for the reported fiscal year.
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