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Anagenics Limited Reports Significant Revenue Decline and Operational Changes

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The latest update is out from Anagenics Limited ( (AU:AN1) ).

Anagenics Limited reported a significant decline in financial performance for the half-year ended December 31, 2024. Revenue and other income decreased by 56.9%, and the operating loss after tax fell by 76.2%. The company did not declare any dividends during this period. Additionally, Anagenics lost control over Kinera Pty Ltd, which was deregistered on October 30, 2024. These developments indicate challenges in maintaining revenue streams and operational control, potentially impacting stakeholders’ confidence.

More about Anagenics Limited

Current Market Cap: A$3.69M

See more insights into AN1 stock on TipRanks’ Stock Analysis page.

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