DomaCom Limited Faces Tough Financial Year

DomaCom Ltd. (AU:DCL) has released an update.

DomaCom Limited has reported a challenging financial year, with revenues decreasing by 33% and a 46% increase in net losses after tax for the fiscal year ended June 30, 2024, compared to the previous year. Furthermore, the company declared no dividends for the period, and the net tangible assets per security have further declined, deepening from a 0.6 cent liability to a 1.2 cent liability.

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