Zoom2u Technologies Ltd. (AU:Z2U) has released an update.
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Zoom2u Technologies Ltd. reported a reduction in consolidated loss after income tax to $3,063,262 for the year ended 30 June 2024, a 45% decrease from the previous year’s $5,558,488 loss. The company also experienced a notable revenue increase of 24% and a significant 84% reduction in Normalised EBITDA loss. These financial improvements are attributed to revenue growth across their business segments and an optimized cost base.
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