Frugl Group Limited (AU:FGL) has released an update.
Frugl Group Limited has reported a significant revenue increase of 65% in the year ended 30 June 2024, though the company also experienced a 35% rise in net loss attributed to members. The preliminary financial report, still awaiting audit, revealed no dividends were paid during this period and indicated a considerable improvement in net tangible assets per security from the previous year. The final audited financial report is anticipated to be released by 30 September 2024.
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