EnviroSuite Ltd (AU:EVS) has released an update.
EnviroSuite Ltd reported a significant non-cash impairment charge of $18.3 million, leading to a net loss of $32.248 million for the financial year ending 30 June 2024, a substantial increase from the previous year’s loss. The company’s net tangible asset backing per security plummeted to a mere 0.1 cents, and it announced that no dividends will be paid for the year.
For further insights into AU:EVS stock, check out TipRanks’ Stock Analysis page.
