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An update from Vection Technologies Ltd. ( (AU:VR1) ) is now available.
Vection Technologies Ltd reported a 9.6% increase in revenues to $36 million for the year ended June 30, 2025, while reducing its net loss by 25.3% to $7.37 million. The company did not declare any dividends for the period. Despite the loss, the company showed improvement in its EBITDA, Adjusted EBITDA, and Underlying EBITDA, indicating a positive trend in its core earnings. The acquisition of The Digital Box S.p.A. contributed to the company’s performance, reflecting strategic growth and expansion efforts.
More about Vection Technologies Ltd.
Vection Technologies Ltd operates in the technology industry, focusing on the development and provision of virtual reality and augmented reality solutions. The company aims to enhance business processes through immersive technologies, targeting various sectors including industrial, healthcare, and education.
Average Trading Volume: 16,556,053
Technical Sentiment Signal: Buy
Current Market Cap: A$81.32M
Learn more about VR1 stock on TipRanks’ Stock Analysis page.