Invion Limited Faces Substantial Financial Decline
Company Announcements

Invion Limited Faces Substantial Financial Decline

Invion Ltd. (AU:IVX) has released an update.

Invion Limited has reported a significant downturn in its financial performance for the fiscal year ending June 30, 2024, with revenues falling by 10% to $3,694,256 and losses increasing sharply by 248.5% to $5,627,765. The company also noted a decrease in net tangible assets per share from 0.08 cents to 0.02 cents and did not declare any dividends for the current financial period.

For further insights into AU:IVX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskInvion Limited Reports Promising Cancer Trial Results
TipRanks Australian Auto-Generated NewsdeskInvion Expands Share Issuance and Eyes Technology Rights
TipRanks Australian Auto-Generated NewsdeskInvion Ltd. Issues 50 Million New Shares on ASX
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App