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The latest update is out from Aerometrex Ltd. ( (AU:AMX) ).
Aerometrex Ltd. reported a decline in revenue and an increased loss for the half year ended December 31, 2024, compared to the previous year. The company experienced a 4.1% decrease in revenue and a 38.9% increase in loss, with no dividends paid or proposed. The net tangible asset backing per ordinary security also decreased, reflecting financial challenges. These results may impact the company’s market positioning and stakeholder confidence.
More about Aerometrex Ltd.
Aerometrex Ltd. operates in the geospatial and aerial imagery industry, providing high-resolution aerial imagery, 3D modeling, and geospatial data services. The company focuses on delivering advanced geospatial solutions to various sectors, including urban planning, infrastructure development, and environmental monitoring.
YTD Price Performance: 3.33%
Average Trading Volume: 71,903
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$29.45M
For detailed information about AMX stock, go to TipRanks’ Stock Analysis page.
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