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Elsight Limited Reports Revenue Growth Amid Increased Losses

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Elsight Limited Reports Revenue Growth Amid Increased Losses

Elsight Ltd. ( (AU:ELS) ) has provided an announcement.

Elsight Limited reported a 32% increase in revenues for the year ending December 31, 2024, reaching $2,028,737. Despite the revenue growth, the company experienced a 5% increase in losses after tax, totaling $3,870,954. No dividends were declared for the current or previous periods. The company’s net tangible assets per ordinary security improved from a negative position to 0.52 cents. Elsight’s Annual General Meeting is scheduled for May 29, 2025, where director nominations are due by April 14, 2025.

More about Elsight Ltd.

Elsight Limited operates in the technology industry, focusing on providing connectivity solutions. The company is known for its innovative products that enhance communication capabilities, catering to various market needs.

YTD Price Performance: -2.70%

Average Trading Volume: 23,769

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$65.17M

See more data about ELS stock on TipRanks’ Stock Analysis page.

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