IXUP Ltd. Reports Revenue Surge Amid Net Loss
Company Announcements

IXUP Ltd. Reports Revenue Surge Amid Net Loss

IXUP Ltd. (AU:IXU) has released an update.

IXUP Ltd. has reported a significant increase in revenues from continuing operations, boasting a 247.9% rise to over $8.2 million for the financial year ending June 30, 2024, compared to the previous year. However, the company still faces a net loss, which has decreased by 61.8% to approximately $10.3 million. These figures are based on unaudited financial statements, with the official audit expected to be completed by September 30, 2024.

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

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