Senetas Corporation Limited (AU:SEN) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Senetas Corporation Limited reported a consolidated group revenue increase of 6.5% to $31.2 million for FY2024, with significant sales growth, particularly a record sale to a Middle East Government customer and a 49% uptick in Votiro’s annual recurring revenue. Despite these gains, the company faced a net loss after tax of $6.1 million, which was an improvement over the previous year’s $7.3 million loss. The company also highlighted a strong cash position with $9.4 million on hand at the end of the period.
For further insights into AU:SEN stock, check out TipRanks’ Stock Analysis page.