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Victor Group Holdings Ltd ( (AU:VIG) ) has issued an announcement.
Victor Group Holdings Limited reported a reduced loss of $275,449 for the financial year ending June 30, 2025, compared to a loss of $3,531,266 the previous year, attributed to non-recurring expenses and gains from the disposal of legacy software. Revenue increased by 3% to $8,751,555, driven by software development activities, although gross profit and margin slightly declined due to cost dynamics in China. The company expanded its digital payments and fintech capabilities through strategic acquisitions in Vietnam and Australia, aiming for sustainable growth by prioritizing higher-margin SaaS, PaaS, and IaaS delivery.
More about Victor Group Holdings Ltd
Victor Group Holdings Limited, through its subsidiaries, provides SaaS, PaaS, and IaaS solutions, focusing on education cloud platforms. These platforms integrate digital educational resources and e-learning solutions for educational institutions, students, and parents, facilitating the integration of information technologies and learning.
Average Trading Volume: 59,885
Technical Sentiment Signal: Sell
Current Market Cap: A$27.39M
See more data about VIG stock on TipRanks’ Stock Analysis page.