Arovella Therapeutics Limited (AU:ALA) has released an update.
Arovella Therapeutics Limited reported a significant decline in revenues, down 98.8% to $17,000, with a decreased annual loss of 14.1% amounting to $(8,746,035). Despite the reduced losses, the company did not pay or declare dividends for the financial year ending June 30, 2024, maintaining a net tangible asset increase per security from 0.44 to 1.07 cents.
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