An update from Ariadne Australia Limited ( (AU:ARA) ) is now available.
Ariadne Australia Limited reported a significant increase in revenues from ordinary activities, rising by 62.5% to $5.85 million for the half-year ending December 31, 2024, compared to the previous period. The company also achieved a net profit attributable to members of $2.71 million, marking a substantial turnaround from a loss of $301,000 in the prior period. Despite these gains, the total comprehensive profit decreased by 124.4%, and the net tangible assets per security saw a slight decline of 3.2%. The directors declared a fully franked interim dividend of 0.5 cents per ordinary share, with a record date of March 17, 2025, and payment scheduled for March 27, 2025.
More about Ariadne Australia Limited
YTD Price Performance: -9.09%
Average Trading Volume: 56,448
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$97.67M
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