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MCS Services Limited Reports Revenue Decline but Financial Improvement

Story Highlights
  • MCS Services Limited’s revenue fell by 63% due to the sale of its Security Business.
  • The company improved its financial performance with a net loss reduced by 51% from the previous year.
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MCS Services Limited Reports Revenue Decline but Financial Improvement

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MCS Services Limited ( (AU:MSG) ) has issued an update.

MCS Services Limited reported a significant decline in revenue by 63% to $14.5 million for the year ending June 2025, primarily due to the sale of its Security Business in June 2024. Despite the revenue drop, the company showed improvement in its financial performance with a 93% betterment in profit from ordinary activities after tax, resulting in a net loss of $396,051, which is a 51% improvement from the previous year. The company achieved an underlying EBITDA surplus of $0.43 million, marking a turnaround from the previous year’s deficit. The board is evaluating capital management and business opportunities before deciding on future dividend declarations.

More about MCS Services Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$1.58M

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

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