Bod Science Reports Revenue Drop and Increased Liabilities

Bod Australia Ltd (AU:BOD) has released an update.

Bod Science Limited, currently under a Deed of Company Arrangement, reported a significant 49% drop in revenue to $875,559 for the year ending June 2024. The company also recorded a reduced net loss of $6.41 million compared to the previous year’s $7.95 million. Despite these financial challenges, no dividends were declared, and the company’s net tangible liabilities increased significantly.

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