Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Memphasys Ltd ( (AU:MEM) ).
Memphasys Limited reported a significant decline in its financial performance for the half-year ending December 31, 2024, with sales from continuing operations down by 90% and a net loss of $2,967,000, a decrease of 29% compared to the previous period. The company did not declare any dividends, and its net tangible asset backing per ordinary security also decreased. Despite these challenges, the review report provided an unqualified review opinion, indicating that the financial statements are fairly presented.
More about Memphasys Ltd
Average Trading Volume: 10,181,599
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$12.4M
Find detailed analytics on MEM stock on TipRanks’ Stock Analysis page.