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EBR Systems Reports Increased Losses and Decline in Assets for 2024

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EBR Systems Reports Increased Losses and Decline in Assets for 2024

EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:EBR) ) has shared an announcement.

EBR Systems, Inc. reported a net loss of $40.8 million for the year ending December 31, 2024, marking a 16.4% increase from the previous year. The loss was attributed to higher general and administrative expenses and increased interest expenses due to additional borrowings. The company did not declare any dividends and reported a decrease in net tangible assets per share. Cash and marketable securities also declined to $66 million from $73.4 million the previous year.

More about EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh

YTD Price Performance: 93.63%

Average Trading Volume: 657,316

For a thorough assessment of EBR stock, go to TipRanks’ Stock Analysis page.

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