SECOS Group Ltd Faces Revenue Decline and Increased Loss
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SECOS Group Ltd Faces Revenue Decline and Increased Loss

SECOS Group Ltd (AU:SES) has released an update.

SECOS Group Ltd reported a decrease in revenue by 8.1% to $14,449,000 for the full year ended June 30, 2024, alongside a 47.7% increase in net loss after tax, which rose to $9,424,000. The company’s net tangible assets per share also declined from 3.3 cents to 2.4 cents, with no dividends issued in either the current or previous reporting period.

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

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