International Equities Corp. Ltd. (AU:IEQ) has released an update.
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International Equities Corp. Ltd. reported a significant 74.18% drop in revenues for the quarter ending September 2024, down to A$496k from A$1,921k in the previous year. Despite the decrease in revenue, the company managed to reduce its net loss by 29.36%, bringing it to A$344k from A$487k. Additionally, the net tangible asset backing per ordinary security improved slightly to $0.0466.
For further insights into AU:IEQ stock, check out TipRanks’ Stock Analysis page.