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An announcement from Micro-X Ltd. ( (AU:MX1) ) is now available.
Micro-X Limited reported a significant decrease in revenue by 51.67% to $3.961 million for the half-year ending December 31, 2024, compared to the previous period. The company also experienced an increase in losses by 13.28% to $8.681 million. No dividends were declared during this period. The financial statements were reviewed by auditors, who highlighted a material uncertainty related to the company’s going concern, indicating potential challenges in sustaining operations.
More about Micro-X Ltd.
Micro-X Limited operates in the medical technology industry, focusing on innovative X-ray imaging products. The company is known for its portable X-ray systems, which are designed to provide high-quality imaging solutions across various sectors, including medical and security markets.
YTD Price Performance: -15.00%
Average Trading Volume: 600,330
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$43.66M
See more data about MX1 stock on TipRanks’ Stock Analysis page.
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