Zoom2u Technologies Ltd. (AU:Z2U) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.
For further insights into AU:Z2U stock, check out TipRanks’ Stock Analysis page.