Thorney Technologies Eyes Future Growth Despite 2024 Losses
Company Announcements

Thorney Technologies Eyes Future Growth Despite 2024 Losses

Thorney Technologies Limited (AU:TEK) has released an update.

Thorney Technologies Ltd reported a 15.6% decline in its investment portfolio for the fiscal year ending June 2024, but remains optimistic about future performance due to its diverse mix of early-stage and cash-generating companies. Key investments, such as Clarity Pharmaceuticals, showed strong performance, while others like Dubber Corporation faced challenges. The company continues to leverage its international networks for high-quality deal flow in both listed and unlisted technology entities.

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

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