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An announcement from DomaCom Ltd. ( (AU:DCL) ) is now available.
DomaCom Limited reported a significant 36% decrease in revenue and a 179% increase in net loss for the half-year ended December 31, 2023. The company’s auditors highlighted a ‘material uncertainty related to going concern,’ indicating the need for DomaCom to grow its funds under management, control costs, and potentially raise additional capital to maintain its viability.
More about DomaCom Ltd.
DomaCom Limited operates in the financial services industry, focusing on funds management. The company provides a platform for fractional property investment, allowing investors to acquire diversified property portfolios. Its market focus is on growing its funds under management and controlling operational costs.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.79M
See more insights into DCL stock on TipRanks’ Stock Analysis page.
