Wide Open Agriculture Reduces Annual Loss, Refocuses Business
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Wide Open Agriculture Reduces Annual Loss, Refocuses Business

Wide Open Agriculture Ltd. (AU:WOA) has released an update.

Wide Open Agriculture Ltd reported a reduced annual loss of $12.7 million for the year ended June 30, 2024, a 13% improvement from the previous year. The company has sold its subsidiary, Dirty Clean Food, to focus on its plant-protein portfolio and has acquired a new manufacturing facility in Germany to advance production capabilities. Despite these changes, no dividends were paid to shareholders, and the net tangible assets per share decreased from 7.06c to 4.57c.

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

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