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UnUsUaL Ltd. Addresses Financial Performance Queries

Story Highlights
  • UnUsUaL Ltd. reported a gross loss of $4.0 million due to higher costs of sales.
  • Fair value losses on financial assets were included in revenue, aligning with reporting standards.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UnUsUaL Ltd. Addresses Financial Performance Queries

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UnUsUal Ltd. ( (SG:1D1) ) just unveiled an update.

UnUsUaL Limited has addressed inquiries from the Securities Investors Association (Singapore) and its shareholders regarding its financial performance for the year ending March 31, 2025. The company reported a gross loss of $4.0 million, with costs of sales exceeding revenue, which decreased by 28.5% year-on-year. The management attributed the financial performance to fair value losses on financial assets, which are included in revenue as per Singapore Financial Reporting Standards. This approach aligns with market practices and aims to provide transparency in financial reporting.

More about UnUsUal Ltd.

Average Trading Volume: 377,514

Technical Sentiment Signal: Sell

Current Market Cap: S$75.08M

Find detailed analytics on 1D1 stock on TipRanks’ Stock Analysis page.

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