Audio Pixels Reports Sharp Decline in Half-Year Results

Audio Pixels Holdings Limited (AU:AKP) has released an update.

Audio Pixels Holdings Limited reported a significant downturn in its financial performance for the half-year ended June 30, 2024, with revenue and net profits plunging by 267%, resulting in a net loss of approximately $3.17 million. The company’s net tangible assets per share also decreased from the previous period. No dividends were declared for this period, reflecting the company’s financial challenges.

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