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De.mem Ltd. ( (AU:DEM) ) just unveiled an announcement.
De.mem Ltd has reported record financial results for the calendar year 2024, with cash receipts reaching approximately $28.4 million, marking a 15% increase from the previous year. The company achieved a positive operating cash flow for the first time, indicating strong financial health and growth momentum, supported by a robust balance sheet and a promising outlook for 2025.
More about De.mem Ltd.
De.mem Ltd is an Australian-headquartered international company specializing in water and wastewater treatment solutions. The company focuses on providing innovative filtration and purification products, with a strong presence across Australia and recent expansions through acquisitions.
YTD Price Performance: -11.54%
Average Trading Volume: 68,857
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$33.67M
For a thorough assessment of DEM stock, go to TipRanks’ Stock Analysis page.
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