Aquirian Limited Reports Shifts and Revenue Decline

Aquirian Limited (AU:AQN) has released an update.

Aquirian Limited reported a revenue decline of 12% to $23.2 million and a slight decrease in EBITDA by 2.8% for FY24, with positive operating cash flow of $6.8 million despite strategic shifts, including the acquisition of Wubin Emulsion Facility and exit from non-core businesses. The company’s focus on energetics and technology, including the Collar Keeper® automated system, aligns with its strategy to enhance shareholder value through innovative offerings and efficient operations.

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