Spirit Technology Solutions Faces Earnings Decline
Company Announcements

Spirit Technology Solutions Faces Earnings Decline

Spirit Technology Solutions Ltd. (AU:ST1) has released an update.

Spirit Technology Solutions Ltd. reported a slight decrease in revenue by 1.0% to $125.847 million in the year ending June 2024, alongside a significant drop in underlying EBITDA by 67.7% to $1.664 million. The company also faced an after-tax loss of $10.547 million, a 7.4% decline from the previous year, and did not declare any dividends during the financial period.

For further insights into AU:ST1 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App