Orthocell Ltd Reports Strong Revenue Growth Amid Losses
Company Announcements

Orthocell Ltd Reports Strong Revenue Growth Amid Losses

Orthocell Ltd (AU:OCC) has released an update.

Orthocell Ltd has reported a significant revenue increase in their preliminary final report for the financial year ending June 30, 2024, with product sales up by 55.3% and total revenues climbing 30.8%. Despite this growth, the company experienced a 14.9% rise in net loss after tax. No dividends were declared, and the net tangible asset backing per share decreased from 2.54 to 1.77 cents.

For further insights into AU:OCC stock, check out TipRanks’ Stock Analysis page.

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