Memphasys Limited Reports Revenue Jump and Higher Net Loss
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Memphasys Limited Reports Revenue Jump and Higher Net Loss

Memphasys Ltd (AU:MEM) has released an update.

Memphasys Limited has reported a significant increase in revenue by 290% to $60,000, with total income up by 63% to $1.005 million for the financial year ended 30 June 2024, despite a 31% rise in net loss to $4.442 million. The company did not declare a dividend and has negative net tangible assets, with a per-share value of 0.2 cents.

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

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