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SkyFii Limited Reports Reduced Losses Amid Revenue Decline

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SkyFii Limited Reports Reduced Losses Amid Revenue Decline

SkyFii Limited ( (AU:BEO) ) has shared an update.

SkyFii Limited, a company operating in the technology sector, reported its interim financial results for the half-year ending December 31, 2024. The company experienced a 14.2% decrease in revenue from ordinary activities compared to the previous year, amounting to $10.6 million. Despite this decline, SkyFii managed to reduce its loss after tax by 40.5%, resulting in a loss of $2.3 million attributable to shareholders. No dividends were declared for the period. The financial statements were reviewed and received an unqualified conclusion, indicating a stable financial reporting process.

More about SkyFii Limited

YTD Price Performance: -28.57%

Average Trading Volume: 22,941

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$14.27M

See more data about BEO stock on TipRanks’ Stock Analysis page.

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