Ovanti Limited Reports Reduced Annual Losses

IOUpay Limited (AU:OVT) has released an update.

Ovanti Limited has reported a significant decrease in revenues by 36.3% and a sharp reduction in losses by 83.6% for the fiscal year ending June 30, 2024, with a post-tax loss of $5,948,034. Net tangible assets per share have almost halved from the previous year, with no dividends paid or declared during this period. The preliminary financial report provided is unaudited, signaling a critical period for the company’s financial health.

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