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Beonic Ltd Reports Reduced Losses Amid Revenue Decline

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Beonic Ltd Reports Reduced Losses Amid Revenue Decline

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An update from SkyFii Limited ( (AU:BEO) ) is now available.

Beonic Ltd reported a decrease in revenue from ordinary activities by 8.4% for the year ending June 30, 2025, compared to the previous year. However, the company managed to significantly reduce its net loss by 57.3%, amounting to $3,167,020, compared to $7,417,929 in the prior year. No dividends were declared for the reporting period, and the company has no dividend reinvestment plan. The financial report indicates a challenging year for Beonic Ltd, with a notable improvement in reducing losses, which may impact its market positioning and stakeholder confidence.

More about SkyFii Limited

Average Trading Volume: 38,639

Technical Sentiment Signal: Sell

Current Market Cap: A$16.77M

Find detailed analytics on BEO stock on TipRanks’ Stock Analysis page.

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