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Rewardle Holdings Ltd ( (AU:RXH) ) has issued an update.
In its half-year report for the period ending December 31, 2023, Rewardle Holdings Limited announced a significant increase in revenues, up 79% to $5.67 million, reflecting strong operational performance. Despite the rise in revenue, the company reported a loss of $450,120, which is a 124% decrease compared to the previous period, attributed mainly to strategic investments and changes in associate contributions. Notably, the company gained control over two entities, Pepperleaf.com.au Pty Ltd and Sub 11 Pty Ltd, during the reporting period, suggesting a strategic expansion.
More about Rewardle Holdings Ltd
Rewardle Holdings Limited operates in the digital engagement and loyalty industry, offering services that help businesses enhance customer engagement and retention. The company focuses on integrating digital payment solutions with customer loyalty programs to provide a comprehensive experience for both businesses and consumers.
YTD Price Performance: -3.33%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$15.26M
For an in-depth examination of RXH stock, go to TipRanks’ Stock Analysis page.