Urbanise.com Limited Reports Increased Loss Despite Revenue Growth

The latest announcement is out from Urbanise.com Ltd. ( (AU:UBN) ).

Urbanise.com Limited reported a slight increase in revenue for the half-year ended 31 December 2024, with a 0.6% rise to $6.3 million compared to the previous year. However, the company experienced a deeper loss from ordinary activities, which increased by 8.7% to $1.69 million. This financial performance indicates ongoing challenges in achieving profitability, despite stable revenue growth. The report also highlights a decrease in net tangible assets per ordinary security, reflecting potential concerns for stakeholders regarding the company’s asset management and financial health.

More about Urbanise.com Ltd.

Urbanise.com Limited operates in the technology industry, focusing on providing software solutions for facilities and strata management. The company aims to enhance the efficiency and effectiveness of property management through its innovative digital platforms.

YTD Price Performance: 15.91%

Average Trading Volume: 44,204

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$32.9M

See more data about UBN stock on TipRanks’ Stock Analysis page.