Frontier Digital Ventures Ltd. (AU:FDV) has released an update.
Frontier Digital Ventures Ltd. reported a significant improvement in its 1H 2024 financial results, with a 14% increase in statutory revenue and a notable 92% rise in EBITDA compared to the same period last year. Despite these gains, the company experienced a net loss after tax, which improved substantially by 85% from the previous year. Frontier Digital Ventures will not be paying dividends for this period, maintaining its previous stance.
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