RightCrowd (AU:GTH) has released an update.
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Gathid Ltd has released its unaudited preliminary financial report for the fiscal year ending June 30, 2024, revealing a significant 73% increase in revenue from continuing operations, while also showing a substantial net profit turnaround to $4.3 million, compared to a net loss in the previous year. The report also notes the impact of discontinued operations, with the company having sold its RightCrowd Workforce Access/Visitor Management and Presence Control businesses, leading to a reduction in revenue but also a large gain after tax on the sale.
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