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Tissue Repair Ltd Reports Revenue Surge Despite Loss

Tissue Repair Ltd Reports Revenue Surge Despite Loss

Tissue Repair Ltd (AU:TRP) has released an update.

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Tissue Repair Ltd reported a significant revenue increase of 61.3% for the fiscal year ended June 30, 2024, although the company still posted a net loss of $4,138,104, a slight improvement of 0.9% from the previous year. The company’s net tangible assets per share also saw a decrease to 29.83 cents. No dividends were paid, recommended, or declared during the period, and the financial statements received an unmodified opinion from auditors.

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

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