Linius Technologies Sees Revenue Growth Amid Continued Losses

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Linius Technologies Sees Revenue Growth Amid Continued Losses

The latest update is out from Linius Technologies ( (AU:LNU) ).

Linius Technologies reported a 39.2% increase in revenue from ordinary activities for the half-year ending December 2024, though it still faced a net loss of $2,352,852. The company continues to develop and commercialize its video services platform, with no dividends declared or paid. The focus remains on enhancing video monetization and viewership through its innovative technology.

More about Linius Technologies

Linius Technologies Limited operates in the technology industry, focusing on video services. The company is known for its Linius Video Services (LVS) SaaS platform and patented Video Virtualization Engine™ (VVE), which transforms video files into searchable data enhanced by AI and ML. Their solutions, including Whizzard, Whizzard Highlights, and Captivate, primarily target the Sports and Broadcast sectors.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.82M

For detailed information about LNU stock, go to TipRanks’ Stock Analysis page.

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