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An update from Hubify Ltd. ( (AU:HFY) ) is now available.
Hubify Ltd. reported a loss of $813,909 for the year ending June 2025, a significant improvement from the previous year’s loss of $4,720,513. Despite a 9% decrease in revenue from ordinary activities, the company saw an increase in cash reserves, ending the year with a cash balance of $2.8 million, including financial assets in bank term deposits. This financial performance indicates a positive shift in Hubify’s operational efficiency, although the absence of dividends suggests a cautious approach to capital distribution.
More about Hubify Ltd.
Hubify Ltd. operates in the technology sector, focusing on providing telecommunications and IT services. The company is involved in delivering solutions that enhance connectivity and communication for businesses, with a market focus on improving operational efficiencies and customer engagement.
Average Trading Volume: 672,348
Technical Sentiment Signal: Sell
Current Market Cap: A$4.09M
See more insights into HFY stock on TipRanks’ Stock Analysis page.