tiprankstipranks
Trending News
More News >

Strategic Elements Limited Reports Increased Revenue but Continues to Face Losses in 2024 Half-Year Report

Story Highlights
Strategic Elements Limited Reports Increased Revenue but Continues to Face Losses in 2024 Half-Year Report

An announcement from Strategic Elements Ltd ( (AU:SOR) ) is now available.

Strategic Elements Limited reported its financial results for the half-year ending December 31, 2024. The company experienced a significant increase in revenue from ordinary activities, reaching $395,000 compared to zero in the previous year, marking a 100% change. Despite this revenue growth, the company still reported a loss of $1.376 million, an improvement from the previous year’s loss of $1.470 million, reflecting a 6% reduction in losses. No interim dividends were declared or paid during this period.

More about Strategic Elements Ltd

YTD Price Performance: -20.0%

Average Trading Volume: 227,935

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$18.75M

For an in-depth examination of SOR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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