Dropsuite Revenue Rises, Profits Fall in Half-Year

Dropsuite (AU:DSE) has released an update.

Dropsuite Limited reports a significant revenue increase of 34.3% to $18,904,000 for the half-year ended June 30, 2024, despite a sharp decline in profits after tax by 67.3% to $273,000, compared to the same period the previous year. The company’s net tangible assets per share also rose to 41.04 cents, up from 36.50 cents. However, no dividends were paid, recommended, or declared during this period.

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