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Credit Intelligence Limited Reports Improved Financial Health Amid Revenue Decline

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Credit Intelligence Limited Reports Improved Financial Health Amid Revenue Decline

Credit Intelligence Ltd ( (AU:CI1) ) has issued an announcement.

Credit Intelligence Limited reported a 13% decline in revenue for the half-year ending December 2024 compared to the previous year. Despite this, the company saw a significant reduction in net loss by 64%, indicating improved operational efficiency. The company did not declare any dividends for the period and discontinued the operation of Chapter Two Holdings Pty Ltd. These financial results suggest a strategic shift in operations, potentially impacting stakeholders by focusing on core business areas and improving financial health.

More about Credit Intelligence Ltd

Credit Intelligence Limited operates in the financial services industry, focusing on debt restructuring and credit management solutions. The company provides services aimed at assisting individuals and businesses in managing and resolving debt-related issues.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$9.68M

See more insights into CI1 stock on TipRanks’ Stock Analysis page.

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