Astron Connect, Inc. (TSE:AST) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Astron Connect Inc. reported no revenue for Q2 2024 due to the closure of their main supplier, with a net loss decreasing by 57% to $53,959 compared to the previous year. Operating expenses also dropped by 38%, totaling $77,518, while the company’s working capital deficiency improved slightly to $181,870. Astron Connect continues to focus on assisting Canadian food and beverage companies in reaching emerging markets, particularly with their bottled water brands in China.
For further insights into TSE:AST stock, check out TipRanks’ Stock Analysis page.