TruScreen Reports Revenue Surge and Strategic Growth

TruScreen Group Ltd. (AU:TRU) has released an update.

TruScreen Group Limited reports a 27% increase in annual revenue to $2.1 million, driven by a 45% growth in the Chinese market and expansion into new territories like Saudi Arabia and Vietnam. Despite the revenue jump, the company experienced a net loss, which improved by 15%, while gross margin saw a year-over-year increase from 27.6% to 32.7%. The company also highlighted the successful capital raise and the strategic appointment of a new CEO.

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