Comms Group Ltd. (Australia) ( (AU:CCG) ) has provided an announcement.
Comms Group Ltd., an Australian company, reported a slight increase in revenue from ordinary activities to $27.046 million for the period ending December 31, 2024, but also a net loss of $311,000, which is a 17% increase in loss compared to the previous year. The company’s underlying EBITDA decreased to $2.392 million due to increased employee costs and delays in key deals, although future revenue is expected from recent contract wins in the second half of FY25.
More about Comms Group Ltd. (Australia)
YTD Price Performance: -7.50%
Average Trading Volume: 257,637
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$28.81M
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