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Gathid Ltd Reports Revenue Surge but Increased Losses in Interim Financials

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Gathid Ltd Reports Revenue Surge but Increased Losses in Interim Financials

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RightCrowd ( (AU:GTH) ) just unveiled an update.

Gathid Ltd reported a significant increase in revenue for the half-year ended December 31, 2024, with a 133% rise compared to the previous period, reaching $661,651. However, the company also experienced a 140% increase in losses from continuing operations, amounting to $1,814,454. The net tangible assets per ordinary security decreased from 2.77 cents in June 2024 to 2.09 cents by the end of December 2024, indicating a decline in asset value per share.

More about RightCrowd

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.99M

For detailed information about GTH stock, go to TipRanks’ Stock Analysis page.

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