EchoIQ Limited (AU:EIQ) has released an update.
Echo IQ Limited has reported a significant 59% decrease in revenues for the fiscal year ended June 30, 2024, with losses shrinking by 34% compared to the previous year. The company’s net tangible assets per share also dipped from 0.23 cents to 0.18 cents. No dividends were declared for the period, and the financial statements are undergoing an audit that may highlight concerns about the company’s ability to continue as a going concern.
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