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Chrysos Corp. Sees Revenue Surge Despite Continued Losses

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Chrysos Corp. Sees Revenue Surge Despite Continued Losses

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Chrysos Corp. Ltd. ( (AU:C79) ) has provided an update.

Chrysos Corporation Limited has reported a significant increase in total revenue and other income, up 51% to $30,033,000 for the half-year ending December 31, 2024. Despite this growth, the company experienced a net loss after tax of $2,609,000, a 16% reduction from the previous period, and decided not to propose any dividends. The net tangible assets per security also decreased from $1.61 to $1.28, indicating a mixed financial performance. This report fulfills the company’s half-year reporting obligations to the Australian Stock Exchange and under the Corporations Act 2001.

More about Chrysos Corp. Ltd.

YTD Price Performance: 1.21%

Average Trading Volume: 86,991

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$576.1M

For an in-depth examination of C79 stock, go to TipRanks’ Stock Analysis page.

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