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Hydrix Limited ( (AU:HYD) ) has provided an update.
Hydrix Limited has lodged its audited financial statements for the fiscal year ending June 30, 2025, after a delay due to an independent valuation report required by its auditor. The report led to a downward revision of the fair value of its investment in Wavewise Analytics Pty Ltd by $0.385 million, reflecting a new value of $0.375 million, compared to an initial investment of $0.50 million. This adjustment may impact stakeholders’ perception of Hydrix’s investment strategy and financial health.
More about Hydrix Limited
Hydrix Limited (ASX: HYD) is a technology innovation company focused on enhancing health, safety, and well-being through product innovation. The company designs, engineers, and delivers groundbreaking products, selectively invests in high-potential medtech clients, and distributes disruptive cardiovascular products.
Average Trading Volume: 362,011
Technical Sentiment Signal: Buy
Current Market Cap: A$6.27M
For an in-depth examination of HYD stock, go to TipRanks’ Overview page.