Victor Group Holdings Ltd (AU:VIG) has released an update.
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Victor Group Holdings Limited reported a 52% surge in sales revenue to $10.4 million for the 2024 fiscal year, though the company still recorded a net loss of $1.08 million, a 17% improvement from the previous year. The loss was attributed to pre-customer expenditure, and the company is shifting focus towards software development and online services. Despite challenges in the Australian market, Victor Group is strategizing to expand further and capitalize on the promising online education sectors in China and Australia.
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