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Bod Science Limited Reports Revenue Growth Amid Financial Restructuring

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Bod Science Limited Reports Revenue Growth Amid Financial Restructuring

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The latest announcement is out from Bod Australia Ltd ( (AU:BOD) ).

Bod Science Limited, currently under a Deed of Company Arrangement, reported a significant increase in revenue from ordinary activities, up by 38% to $600,659 for the half-year ending December 31, 2024. The company also reported a substantial reduction in net loss, down 99.7% to $16,434, compared to the previous period. Despite these improvements, the company continues to face financial challenges with net tangible liabilities per share slightly increasing to (3.07) cents. Additionally, the dissolution of its UK subsidiary, Aqua Phase Ltd, was noted during this period.

More about Bod Australia Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$4.26M

See more insights into BOD stock on TipRanks’ Stock Analysis page.

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