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Adslot Ltd Reports Revenue Decline but Reduced Losses for H2 2024

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Adslot Ltd Reports Revenue Decline but Reduced Losses for H2 2024

Adslot Ltd ( (AU:ADS) ) just unveiled an announcement.

Adslot Ltd reported a significant decrease in revenue of 36% for the half-year ending December 2024 compared to the previous year, although it managed to reduce its net loss by 47%. The company did not declare any dividends, and its basic and diluted loss per share improved from -0.16 cents to -0.06 cents. Additionally, MNSA Pty Ltd has been appointed as the new auditor following the resignation of Grant Thornton Audit Pty Ltd.

More about Adslot Ltd

Adslot Ltd operates in the technology sector, focusing on digital advertising solutions. The company provides platforms that facilitate automated media buying and selling, aiming to enhance efficiency and effectiveness in the digital advertising market.

Current Market Cap: A$5.38M

For detailed information about ADS stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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