tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Synspective Reports Revenue Growth Amidst Financial Losses in 2024

Story Highlights
Synspective Reports Revenue Growth Amidst Financial Losses in 2024

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Synspective Inc. ( (JP:290A) ) has issued an update.

Synspective Inc. reported a significant increase in total revenue for the fiscal year 2024, rising by 81% year-on-year. Despite the revenue growth, the company faced substantial financial losses, with an operating loss of ¥3,070 million and a net loss attributable to owners of ¥3,592 million. These results highlight ongoing challenges in achieving profitability despite increased market presence and revenue gains.

More about Synspective Inc.

Synspective Inc. operates in the satellite data and solutions industry, focusing on the development and deployment of synthetic aperture radar (SAR) satellite technology to provide solutions for urban development and disaster management.

YTD Price Performance: 43.30%

Average Trading Volume: 2,125,460

For detailed information about 290A 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
1