Alpha HPA Reports Revenue Growth and Net Loss Increase

Alpha HPA Limited (AU:A4N) has released an update.

Alpha HPA Limited, an ASX-listed company, reported a significant increase in revenues by 172.8% to $44,055 for the fiscal year ended June 30, 2024, alongside a 59.3% increase in net loss to $24,981,041, with no dividends declared. The company’s net tangible asset backing per ordinary security rose from 0.07 cents to 0.21 cents, indicating some underlying growth despite the reported losses.

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