Vonex Limited (AU:VN8) has released an update.
Vonex Limited reports an increase in revenues by 6.02% to $48.19 million for the fiscal year ending June 30, 2024, while significantly reducing its net loss to $1.34 million, a 94.13% improvement from the previous year. However, no dividends were issued during the financial year, and the company’s net tangible assets per share and earnings per share also saw a decrease. An unqualified audit opinion was issued on the financial statements, with a note on material uncertainty related to the company’s ability to continue as a going concern.
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