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DomaCom Ltd. ( (AU:AOH) ) has shared an announcement.
Assetora Limited, a company listed on the ASX, has reported a significant reduction in its net losses by 54% to $3.35 million for the fiscal year ending June 2025, compared to the previous year’s $7.23 million loss. This improvement is attributed to effective cost management and increased non-dilutive income, such as an R&D rebate. The company’s balance sheet has been strengthened through the conversion of borrowings into equity, enhancing financial flexibility. The reopening of the DomaCom Fund and a strategic focus on expanding Funds Under Management (FUM) in areas like property and alternative assets are expected to drive future growth and higher recurring revenue.
More about DomaCom Ltd.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.79M
See more insights into AOH stock on TipRanks’ Stock Analysis page.