HitIQ Limited Reports Increased Losses and Revenue Decline for H2 2024

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HitIQ Limited Reports Increased Losses and Revenue Decline for H2 2024

HitIQ Limited ( (AU:HIQ) ) has shared an update.

HitIQ Limited reported a reduction in revenues and an increase in losses for the half-year ended December 31, 2024, compared to the previous year. The company did not declare any dividends for this period, and its net tangible assets per share decreased significantly, indicating financial challenges that may impact its market position and stakeholder confidence.

More about HitIQ Limited

HitIQ Limited operates in the technology industry, focusing on developing innovative solutions for monitoring and managing head impacts in sports. The company aims to enhance player safety through its advanced sensor technology and data analytics services, primarily targeting sports organizations and athletes.

YTD Price Performance: -20.0%

Average Trading Volume: 258,153

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$14.73M

See more insights into HIQ stock on TipRanks’ Stock Analysis page.

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