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Story-I Ltd. ( (AU:SRY) ) has issued an update.
Story-I Ltd. reported a significant increase in losses for the financial year ending June 30, 2024, with a 127.07% rise in loss after tax attributable to members, totaling $24,168,141. The company’s main trading activity was placed in receivership, contributing to the financial downturn, and no dividends were declared for the period. The loss of control over PT Inetindo Infocom also added to the financial challenges, resulting in a $15,640K loss to EBITDA. These developments highlight the company’s ongoing financial struggles and potential implications for stakeholders.
More about Story-I Ltd.
Average Trading Volume: 41,750
Technical Sentiment Signal: Sell
Current Market Cap: A$1.51M
For a thorough assessment of SRY stock, go to TipRanks’ Stock Analysis page.