Zelira Therapeutics Reports Sharp Increase in Losses

Zelira Therapeutics (AU:ZLD) has released an update.

Zelira Therapeutics Ltd reported a significant 556% increase in net losses, reaching (AUD $36,568,904) for the fiscal year ended June 30, 2024, compared to the previous year. Revenue also declined by 68%, and the company has not recommended or paid any dividends, reflecting a challenging financial period without any distribution reinvestment plans. Additionally, there were no changes in control over other entities, nor any associates or joint venture relationships established.

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