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De.mem Limited Achieves Record Growth in 2024

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De.mem Limited Achieves Record Growth in 2024

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The latest update is out from De.mem Ltd. ( (AU:DEM) ).

De.mem Limited has reported a strong performance for the calendar year 2024, achieving key financial, operational, and strategic milestones. The company recorded its highest annual cash receipts in history, with a 15% increase from the previous year, reaching $28.4 million. The growth trend continued into the March Quarter 2025, with a record $7.9 million in quarterly cash receipts, marking a 20% increase compared to the prior corresponding period. De.mem has maintained consistent growth, with quarterly cash receipts surpassing those of the previous corresponding periods for 24 consecutive quarters, and achieving a 26% average annual growth rate since March 2019.

More about De.mem Ltd.

De.mem Limited is an Australian headquartered, international water technology company specializing in decentralized water and wastewater treatment systems. The company designs, builds, owns, and operates turnkey systems for major industries such as mining, electronics, chemical, oil & gas, and food & beverage. It also provides clean drinking water solutions for municipalities, residential developments, and hotels/resorts across the Asia Pacific. De.mem offers a comprehensive range of equipment, services, chemicals, and consumables, and is known for its advanced proprietary hollow-fibre membrane technologies developed in partnership with Nanyang Technological University in Singapore.

Average Trading Volume: 92,406

Technical Sentiment Signal: Sell

Current Market Cap: A$32.22M

Learn more about DEM stock on TipRanks’ Stock Analysis page.

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