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An announcement from SECOS Group Ltd ( (AU:MCO) ) is now available.
MyEco Group Ltd reported a decrease in revenue by 8.6% to $15.696 million for the full year ending June 30, 2025, compared to the previous year. Despite the revenue decline, the company improved its loss from ordinary activities after tax by 47.4%, reducing it to $4.958 million. The net tangible assets per ordinary share also decreased from 2.4 cents to 1.6 cents. The financial results reflect ongoing challenges but also indicate progress in reducing losses, which could impact stakeholder confidence and market positioning.
More about SECOS Group Ltd
MyEco Group Ltd, formerly known as SECOS Group Limited, operates in the eco-friendly products industry. The company focuses on producing sustainable and biodegradable materials, positioning itself within the growing market for environmentally conscious products.
Average Trading Volume: 248,370
Technical Sentiment Signal: Sell
Current Market Cap: A$9.63M
See more insights into MCO stock on TipRanks’ Stock Analysis page.