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TrivarX Limited Reports Revenue Surge Amid Ongoing Financial Challenges

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An update from TrivarX Limited ( (AU:TRI) ) is now available.

TrivarX Limited reported a significant increase in revenue for the half-year ending December 31, 2024, with a 5,176.52% rise compared to the previous year. Despite this, the company still recorded a net loss, though it was substantially reduced by 91.61% from the previous period. The report highlights a material uncertainty regarding the company’s ability to continue as a going concern, as noted in the auditor’s review, which could impact stakeholders’ confidence.

More about TrivarX Limited

TrivarX Limited operates in the financial sector, focusing on providing financial reports and related services. The company is based in Mount Lawley, Western Australia, and is listed on the Australian Securities Exchange.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5M

For detailed information about TRI stock, go to TipRanks’ Stock Analysis page.

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