Transmetro Corp Reports Mixed Financial Results
Company Announcements

Transmetro Corp Reports Mixed Financial Results

Transmetro Corp. Ltd. (AU:TCO) has released an update.

Transmetro Corporation Limited has reported a 6.69% increase in revenues to $22,955,000 for the fiscal year ended June 30, 2024, while net profit after tax has fallen by 28.98% to $1,853,000. The decline in profit is also reflected in the earnings per share from continuing operations, which decreased from 19.50 to 13.85 cents. Despite the downturn in profits, the company has maintained a final dividend of 5 cents per share.

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

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