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International Equities Corp. Reports Significant Financial Decline in Half-Year Results

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International Equities Corp. Reports Significant Financial Decline in Half-Year Results

Elevate Your Investing Strategy:

An update from International Equities Corp. Ltd. ( (AU:IEQ) ) is now available.

International Equities Corporation Ltd reported a significant decline in its financial performance for the half-year ending December 31, 2024. Revenues from ordinary activities dropped by 27% to $1,255,000, and the company experienced a net loss of $419,000, a 145% decrease compared to the previous year’s gain of $931,000. The net tangible asset backing per ordinary security also decreased from $0.0529 to $0.046, indicating a challenging period for the company.

More about International Equities Corp. Ltd.

International Equities Corporation Ltd is a company involved in the equities market, focusing on ordinary activities and financial operations.

YTD Price Performance: 20.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.54M

Find detailed analytics on IEQ stock on TipRanks’ Stock Analysis page.

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