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Identitii Ltd. ( (AU:ID8) ) has shared an announcement.
Identitii Ltd reported a 4% increase in revenue for the year ending June 30, 2025, reaching $777,542. Despite this growth, the company experienced an 8% increase in its loss after tax, amounting to $3,824,812, primarily due to the absence of gains from the sale and revaluation of shares in Payble Pty Ltd, which were recorded in the previous year. The company managed to reduce its total expenses by 11%, largely through cuts in salaries and research and development expenses. This financial performance highlights Identitii’s ongoing challenges in achieving profitability while maintaining operational efficiency.
More about Identitii Ltd.
Identitii Ltd operates in the financial technology industry, focusing on providing solutions for secure and efficient financial transactions. The company is known for its innovative products that enhance transparency and compliance in financial services.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.22M
See more insights into ID8 stock on TipRanks’ Stock Analysis page.