Calix Ltd. Reports Growth Amidst Rising Losses
Company Announcements

Calix Ltd. Reports Growth Amidst Rising Losses

Calix Ltd. (AU:CXL) has released an update.

Calix Limited reported a 30% increase in revenue to $24,190K for the fiscal year ending 30 June 2024, alongside an 11.9% rise in losses after tax to $26,210K. Despite these losses, total comprehensive income attributable to members went up by 17.8%. The environmental technology company, focused on industrial decarbonisation and sustainability, did not issue dividends and maintains a positive outlook with its patented technology for a greener future.

For further insights into AU:CXL stock, check out TipRanks’ Stock Analysis page.

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