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Elixinol Wellness Reports Revenue Surge and Reduced Losses in 2024

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Elixinol Wellness Reports Revenue Surge and Reduced Losses in 2024

Elixinol Wellness ( (AU:EXL) ) has shared an announcement.

Elixinol Wellness Limited reported a significant increase in revenues by 80.9% for the year ending December 31, 2024, reaching $14,956,000. Despite the revenue growth, the company recorded a reduced loss of $1,722,000, down 77.1% from the previous year, indicating improved financial performance. The company also gained control over Ananda Food Pty Ltd, which contributed to its financials, although no dividends were declared during this period.

More about Elixinol Wellness

Elixinol Wellness Limited operates in the wellness industry, focusing on health and wellness products. The company is involved in the production and distribution of hemp-derived products, catering to a market that values natural and sustainable health solutions.

Average Trading Volume: 3,097

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.18M

Find detailed analytics on EXL stock on TipRanks’ Stock Analysis page.

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