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Hydrix Limited ( (AU:HYD) ) has provided an announcement.
Hydrix Limited reported a decrease in revenue by 4.9% for the year ending 30 June 2025 compared to the previous year, while significantly reducing its losses by 69.5%. The company has improved its net cash used in operating activities, indicating a positive shift in financial management. Despite these improvements, no dividends are proposed, and the financial statements are still under audit, with an anticipated emphasis on the company’s going concern status.
More about Hydrix Limited
Hydrix Limited operates in the technology sector, focusing on developing and providing innovative engineering solutions and products. The company is known for its expertise in medical technology and other high-tech industries, catering to a diverse range of market needs.
Average Trading Volume: 239,974
Technical Sentiment Signal: Hold
Current Market Cap: A$4.36M
For detailed information about HYD stock, go to TipRanks’ Stock Analysis page.