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Uscom Limited Reports Increased Losses Amid Revenue Decline

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Uscom Limited Reports Increased Losses Amid Revenue Decline

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Uscom Limited ( (AU:UCM) ) has issued an announcement.

Uscom Limited reported a 5% decline in revenue and other income for the half-year ending December 31, 2024, totaling $1,859,295. The company’s net loss attributable to members increased by 32% to $1,188,595, and no dividend is proposed. The financial results highlight challenges in maintaining revenue levels and managing operational losses, impacting its financial position and potentially influencing stakeholder confidence.

More about Uscom Limited

Uscom Limited operates in the medical technology industry, focusing on the development and distribution of advanced cardiovascular and pulmonary medical devices. The company is known for its innovative solutions aimed at improving patient care and outcomes in the healthcare sector.

YTD Price Performance: -23.33%

Average Trading Volume: 84,307

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$5.76M

Find detailed analytics on UCM stock on TipRanks’ Stock Analysis page.

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