tiprankstipranks
Company Announcements

4DS Memory Reports Increased Losses and Revenue Decline in H1 2024

Story Highlights
  • 4DS Memory Limited faces increased losses, with after-tax losses up 94.4% to $3.46 million.
  • Revenues from ordinary activities fell 11.8%, with no dividends declared for the period.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
4DS Memory Reports Increased Losses and Revenue Decline in H1 2024

Discover the Best Stocks and Maximize Your Portfolio:

4DS Memory Ltd. ( (AU:4DS) ) has shared an update.

4DS Memory Limited reported a significant increase in losses for the half-year ended December 31, 2024, with after-tax losses rising by 94.4% to $3,461,538 compared to the same period in the previous year. The company’s revenues from ordinary activities decreased by 11.8%, and basic and diluted earnings per share fell to -0.20 cents. No dividends were declared during this period, reflecting challenges in improving financial stability and shareholder returns.

More about 4DS Memory Ltd.

4DS Memory Limited operates in the semiconductor industry and focuses on developing non-volatile memory technology. The company’s primary product is its advanced ReRAM (Resistive Random Access Memory) technology, aiming to significantly enhance data storage capabilities.

Average Trading Volume: 150,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $40.34M

See more data about 4DS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1