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An announcement from Nanollose Ltd. ( (AU:NC6) ) is now available.
Nanollose Limited reported a 100% decrease in revenues from ordinary activities for the year ended June 30, 2025, with a loss after tax increasing by 23.3% to $1,426,452. Despite the financial loss, the company’s net tangible assets improved significantly, moving from a negative position to a positive $396,411, indicating a potential strengthening of its financial foundation.
More about Nanollose Ltd.
Nanollose Limited operates in the biotechnology industry, focusing on the development of innovative and sustainable fibers and textiles. The company is known for its eco-friendly approach, utilizing microbial cellulose to produce materials that have a reduced environmental impact compared to traditional textiles.
Average Trading Volume: 145,209
Technical Sentiment Signal: Buy
Current Market Cap: A$23.21M
See more insights into NC6 stock on TipRanks’ Stock Analysis page.