AML3D Announces 206% Revenue Growth Amid Ongoing Losses

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AML3D Announces 206% Revenue Growth Amid Ongoing Losses

AML3D Ltd ( (AU:AL3) ) has issued an update.

AML3D Ltd has announced its financial results for the half-year ending 31 December 2024, showing a significant revenue increase of 206% to $4.63 million compared to the previous year. Despite the revenue growth, the company reported a net loss attributable to members of $3.02 million, which is an improvement from the previous year’s loss. The increased revenue highlights the company’s ongoing efforts to strengthen its market position, although profitability challenges remain.

More about AML3D Ltd

AML3D Ltd is a company operating in the advanced manufacturing sector, specializing in 3D printing technology. The company focuses on providing innovative solutions for industrial applications, leveraging its expertise in additive manufacturing to cater to various market needs.

YTD Price Performance: -26.67%

Average Trading Volume: 3,029,998

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$71.23M

For a thorough assessment of AL3 stock, go to TipRanks’ Stock Analysis page.

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