Weebit Nano Reports First Revenue, Increased Loss
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Weebit Nano Reports First Revenue, Increased Loss

Weebit Nano Ltd. (AU:WBT) has released an update.

Weebit Nano Ltd. reported its first revenue of $1,017,788 for the fiscal year ended June 2024, a significant milestone from the previous year’s $NIL, though the company also disclosed an increased loss after tax by 6% to $41,245,241. The firm’s net tangible asset per share decreased from 45.092 cents to 32.530 cents, and it did not declare or pay any dividends for the year.

For further insights into AU:WBT stock, check out TipRanks’ Stock Analysis page.

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