Orcoda Limited Reports Significant Financial Decline in 2024 Interim Results

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Orcoda Limited Reports Significant Financial Decline in 2024 Interim Results

Orcoda Limited ( (AU:ODA) ) just unveiled an update.

Orcoda Limited reported a significant decline in its financial performance for the half-year ended December 2024, with revenue and other income down by 34% and a net loss of A$1.511 million, marking a 333% decrease compared to the previous year. The company did not declare any dividends, and its net tangible asset backing per ordinary security also fell, indicating challenges in maintaining profitability and shareholder value.

More about Orcoda Limited

Orcoda Limited operates in the technology sector, focusing on providing smart logistics and transport solutions. The company specializes in optimizing operations and improving efficiency for its clients, with a market focus on enhancing supply chain and transport logistics.

YTD Price Performance: -40.83%

Average Trading Volume: 135,420

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$12.12M

Find detailed analytics on ODA stock on TipRanks’ Stock Analysis page.

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