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Mad Paws Holdings Reports Increased Losses Despite Revenue Growth

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Mad Paws Holdings Reports Increased Losses Despite Revenue Growth

Elevate Your Investing Strategy:

An announcement from Mad Paws Holdings Ltd. ( (AU:MPA) ) is now available.

Mad Paws Holdings Ltd. reported a slight increase in revenues by 0.6% to $14.77 million for the half-year ending December 31, 2024. However, the company experienced a significant increase in losses, with a 78.9% rise in loss after tax, amounting to $3.87 million. No dividends were declared during this period, reflecting the financial challenges faced by the company.

More about Mad Paws Holdings Ltd.

Mad Paws Holdings Ltd. operates in the pet services industry, offering a platform that connects pet owners with pet sitters, walkers, and other related services. The company focuses on providing convenient and reliable pet care solutions, catering to the growing market of pet ownership.

YTD Price Performance: 11.43%

Average Trading Volume: 140,678

Technical Sentiment Consensus Rating: Hold

For a thorough assessment of MPA stock, go to TipRanks’ Stock Analysis page.

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