Connexion Telematics Limited (AU:CXZ) has released an update.
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Connexion Mobility Ltd reported a significant 47% increase in revenues to US$9.84 million for the fiscal year ended June 30, 2024, alongside a 7% rise in both profits after tax and net tangible assets per share. Despite a 7% decline in other income, the company’s overall financial position appears strong, with an unqualified audit report and consistent control over foreign entities in the USA and Canada.
For further insights into AU:CXZ stock, check out TipRanks’ Stock Analysis page.