ActivePort Group Ltd Reports Significant Losses and Financial Uncertainty

Activeport Group Limited ( (AU:ATV) ) just unveiled an announcement.

ActivePort Group Ltd reported a significant financial downturn for the half-year ended December 31, 2024, with revenues dropping by 42% to $5.27 million and a net loss increasing by 438% to $3.08 million compared to the previous year. The company’s financial struggles are highlighted by a material uncertainty regarding its ability to continue as a going concern, as noted by auditors, due to substantial operating and financing cash outflows.

More about Activeport Group Limited

YTD Price Performance: -17.65%

Average Trading Volume: 604,584

Technical Sentiment Consensus Rating: Buy

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