De.mem Limited Faces Increased Revenue But Higher Losses

De.mem Ltd. (AU:DEM) has released an update.

De.mem Limited reports a 9.1% increase in revenue to $11,668,000 for the first half of 2024, yet their EBITDA dropped 31% resulting in a net loss of $1,702,000, which is also up 9.1% from the previous year. The company did not declare any dividends for this period and has experienced a slight increase in net tangible assets per security from the previous period.

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