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Gunosy Inc. Faces Decline in Yearly Financial Performance

Gunosy Inc. Faces Decline in Yearly Financial Performance

Gunosy, Inc. (JP:6047) has released an update.

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Gunosy Inc. reported a decline in net sales and profitability for the fiscal year ended May 31, 2024, compared to the previous year, with net sales down 8.8% and a significant net loss for shareholders. The company’s total assets decreased slightly, but the equity-to-asset ratio remained resilient at 87.2%. No dividends were paid for the fiscal year 2024, and the outlook for the following year forecasts a continued decrease in net sales but an increase in operating profit.

For further insights into JP:6047 stock, check out TipRanks’ Stock Analysis page.

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