Lumos Diagnostics Holdings Ltd. (AU:LDX) has released an update.
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Lumos Diagnostics Holdings Limited reports a slight revenue increase of 5.7% to $11,131 thousand for the fiscal year ended June 30, 2024, while reducing its annual loss by 4.2% to $8,592 thousand compared to the previous year. The company’s net tangible assets per security went further negative, now at (0.37) US cents. Despite the modest financial improvements, Lumos did not issue any dividends this financial year and an unmodified audit opinion was given, noting a material uncertainty related to the company’s ongoing viability.
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